{"id":1022,"date":"2017-10-15T22:41:06","date_gmt":"2017-10-15T16:41:06","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/a-study-has-estimated-the-effect-of-changes-in-interest-rates-and-this-study-we-know-that-the-interest-elasticity-is\/"},"modified":"2017-10-15T22:41:06","modified_gmt":"2017-10-15T16:41:06","slug":"a-study-has-estimated-the-effect-of-changes-in-interest-rates-and-this-study-we-know-that-the-interest-elasticity-is","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/a-study-has-estimated-the-effect-of-changes-in-interest-rates-and-this-study-we-know-that-the-interest-elasticity-is\/","title":{"rendered":"A study has estimated the effect of changes in interest rates and &#8230; this study we know that the interest elasticity is:"},"content":{"rendered":"<p>A study has estimated the effect of changes in interest rates and consumer confidence on the demand for money to be: lnM = 14.666 +.021 lnC &#8211; 0.036 lnr, where M denotes real money balances, C is an index of consumer confidence, and r is the interest rate paid on bank deposits. Based on this study we know that the interest elasticity is:<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[61],"subject":[5],"education_level":[],"class_list":["post-1022","mcq","type-mcq","status-publish","hentry","topic-quantitative-demand-analysis","subject-managerial-economics"],"mcq_note":"A study has estimated the effect of changes in interest rates and consumer confidence on the demand for money to be: lnM = 14.666 +.021 lnC - 0.036 lnr, where M denotes real money balances, C is an index of consumer confidence, and r is the interest rate paid on bank deposits. Based on this study we know that the interest elasticity is\u00a0Very inelastic.","mcq_options":[{"right":"no","answer":"Unitary"},{"right":"no","answer":"Zero"},{"right":"no","answer":"Very elastic"},{"right":"yes","answer":"Very inelastic "}],"multi_answers":"no","subject_terms":[{"id":5,"title":"Managerial Economics","slug":"managerial-economics"}],"topic_terms":[{"id":61,"title":"Quantitative Demand Analysis","slug":"quantitative-demand-analysis"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/1022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=1022"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=1022"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=1022"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=1022"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=1022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}