Which of the Following Is True of the Following Response

question 60

Multiple Choice

Which of the following is true of the following response scale: poor - fair - good - very good - excellent?

• A) It is a balanced rating scale
• B) It is a unforced-choice rating scale
• C) It does not allow for expressions of intensity among participants with unfavorable opinions
• D) It will result in an asymmetrical distribution
• E) It will minimize halo effects

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Definitions:

Capital Resources

Assets such as buildings, machinery, and equipment used to produce goods and services.

Money Circulating

The total volume of money within the economy that is actively used for transactions, trading, and other financial activities.

Rational Behavior

In economics, it refers to making decisions that maximize an individual's benefit while minimizing costs, based on preferences and available information.

Economic Analysis

A methodical strategy for deciding the best way to allocate limited resources, which includes evaluating multiple options to reach a particular goal within established assumptions and limitations.