-Refer to Table 12

question 58

Multiple Choice

-Refer to Table 12.3. Between year 1 and year 2, the real wage

• A) decreased by 50 percent.
• B) increased by 50 percent.
• C) increased by 33.3 percent.
• D) decreased by 33.3 percent.
• E) decreased by 25 percent.

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Definitions:

External Financing

Funds raised by a business from outside sources, including loans, bond sales, and equity investments, as opposed to internal financings such as retained earnings.

Investment Decisions

The process of deciding where to allocate resources and capital in order to generate returns in the future.

Financing Decisions

Choices made by a company related to methods of funding its operations, such as issuing shares or taking on debt.

Total Assets

The sum of all current and noncurrent assets owned by a business, indicating the total resources available for use in operations.