What is the interpretation of the estimate of beta subscript 1? Question 16 options: Holding the other factors constant, a $1 increase in the real value of the personal exemption is estimated to cause a .0119 reduction in the general fertility rate (the number of children born per 1,000 women in the specified age range). A $1 increase in the real value of the personal exemption is estimated to cause a .0119 reduction in the general fertility rate (the number of children born per 1,000 women in the specified age range). 0.0119 A 1% increase in the real value of the personal exemption is estimated to cause a 1.19 percentage point reduction in the general fertility rate (the number of children born per 1,000 women in the specified age range)