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A recent survey of 420 small firms (annual revenue less than $18million) asked whether an increase in the minimum wage would cause the firm to

A recent survey of 420 small firms (annual revenue less than $18million) 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." These data are best classified as Ratio scale Ordinal scale Interval scale Nominal scale

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