Income that comes from wages or a business is called

Question

Quizplus · Accepted Answer

Income that comes from wages or a business is considered active income because it is directly tied to the work and effort put in by an individual. Investment income (A) refers to income from investments such as stocks or real estate. Passive income (C) refers to income earned with little to no effort on the part of the recipient, such as rental income or dividends. Portfolio income (D) refers to income from investments in a portfolio, such as interest, dividends, or capital gains.

Income That Comes from Wages or a Business Is Called