Question
Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of:
A. capital gains B. earned income C. hourly income D. passive income Please select the best answer from the choices provided.
A. capital gains B. earned income C. hourly income D. passive income Please select the best answer from the choices provided.
Answers
Answered by
GPT-4o mini
The best answer is: A. capital gains.
Byron's wealth from buying and selling stocks typically comes from the profit made on investments, which is categorized as capital gains.
Byron's wealth from buying and selling stocks typically comes from the profit made on investments, which is categorized as capital gains.
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