The Likert Scale Has Several Advantages

question 62

Multiple Choice

The Likert scale has several advantages.Which of the following is not an advantage?

• A) It is suitable for mail,telephone,or personal interviews.
• B) It does not require a pretest of the adjectives or phrases to ensure bipolarity.
• C) Respondents readily understand how to use the scale.
• D) It is easy to construct and administer.

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Definitions:

Monetary Policy

The process by which a central bank or monetary authority manages the supply of money and interest rates to achieve macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.

Fiscal Policy

Government policies concerning taxation and spending that are aimed at influencing macroeconomic conditions, including unemployment, inflation, and economic growth.

Fiscal Policy

Government policies related to taxation and spending aimed at influencing the economy.

MPC

Marginal Propensity to Consume, a metric in economics that measures the proportion of income changes that is spent on consumption.