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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
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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:

  1. 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.

  2. 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.

  3. Increases - Similar to maximizing, if a decision increases owners' wealth, it contributes positively to their financial situation, qualifying it as a good decision.

  4. 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.

This problem has been solved

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