A bad financial decision is defined as a decision that ______ owners' wealth.Multiple choice question.maximizesdecreasesincreasesdoes not affect
Question
A bad financial decision is defined as a decision that ______ owners' wealth.
- maximizes
- decreases
- increases
- does not affect
Solution
To determine the correct answer for the statement "A bad financial decision is defined as a decision that ______ owners' wealth," we need to analyze the implications of each option:
-
Maximizes - If a financial decision maximizes owners' wealth, it would be seen as a good decision, as it enhances the financial standing of the owners.
-
Decreases - A decision that decreases owners' wealth would directly reduce the financial resources available to them. This aligns with the concept of a bad financial decision, as it negatively impacts their financial health.
-
Increases - Similar to maximizing, if a decision increases owners' wealth, it contributes positively to their financial situation, qualifying it as a good decision.
-
Does not affect - A decision that does not affect owners' wealth may be neutral but would not be labeled specifically as a "bad" financial decision as it neither harms nor helps.
Considering these options, the correct choice is:
Final Answer
- Decreases A bad financial decision is defined as a decision that decreases owners' wealth.
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