According to Your Textbook, Scores on a Likert Scale Represent

question 34

Multiple Choice

According to your textbook, scores on a Likert scale represent which of the following?

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

---

Definitions:

Price Variability

The extent to which prices fluctuate over time, affecting the stability of markets and economic planning for both producers and consumers.

Farming Resources

The inputs required for agricultural production, including land, labor, machinery, and capital.

Price Subsidies

Financial assistance provided by the government to lower the cost of goods or services.

Income Subsidies

Financial assistance provided by the government to individuals or groups to help support their income and reduce economic inequality.