A Recent Survey of 200 Small Firms (Annual Revenue Less

question 44

Multiple Choice

A recent survey of 200 small firms (annual revenue less than $10 million) asked whether an increase in the minimum wage would cause the firm to decrease capital spending.Possible responses to the survey question were: "Yes," "No," or "Don't Know." This data is best classified as ___________.

• A)Ratio scale
• B)Ordinal scale
• C)Interval scale
• D)Nominal scale