A Measurement Scale with Five Response Categories Ranging from "Strongly

question 18

Multiple Choice

A measurement scale with five response categories ranging from "strongly disagree" to "strongly agree," which requires the respondents to indicate a degree of agreement or disagreement with each of a series of statements related to the stimulus object is called a(n) ________.

• A) Likert scale
• B) semantic differential
• C) Stapel scale
• D) opinion rating scale
• E) penta scales

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Definitions:

Disposable Income

Financial capacity reserved for household spending and savings after navigating through income tax deductions.

Autonomous Consumption

The level of consumption expenditure that occurs when income levels are zero, representing the base level of spending that must occur even in the absence of income.

Public Savings

The portion of national savings held by the government, typically reflected in budget surpluses.

Personal Income

The total amount of income earned by an individual from all sources before any taxes are deducted.