A Constant Sum Question Takes Measurements on the ________ Level

question 40

Multiple Choice

A constant sum question takes measurements on the ________ level of measurement.

• A)nominal
• B)ordinal
• C)interval
• D)ratio

---

Definitions:

Canadian Security

A financial instrument issued in Canada, such as stocks, bonds, or other investment vehicles, regulated by Canadian laws.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach to determine their relative purchasing power.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Exchange Rate

The price of one country's currency expressed in terms of another country's currency, used for foreign exchange transactions.