A Likert Scale with an Odd Number of Scale Points

question 16

Multiple Choice

A Likert scale with an odd number of scale points between "Strongly Agree" and "Strongly Disagree":

• A)cannot have equal scale distances.
• B)cannot have a neutral middle point.
• C)must have a verbal label on each scale point.
• D)is often used in marketing surveys.

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Definitions:

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing at par, used as a tool for managing liquidity and financing government debt.

Common Stocks

Type of equity security that represents ownership in a corporation, offering voting rights and potential dividends.

Efficient Markets Hypothesis

A theory that suggests that financial markets are “informationally efficient,” meaning that asset prices always reflect all available information.

Actual Capital Markets

Real-world financial markets where savings and investments are transferred between suppliers who have capital and those who are in need of capital.