Question

Select the correct answer.
Jack wants to earn some extra income. His friends suggest that he invest in bonds and stocks. What type of income will Jack earn from investing in bonds and stocks?
A.
earned income
B.
passive income
C.
portfolio income
D.
business income
GPT-4o mini
The correct answer is **C. portfolio income**.

Portfolio income typically refers to earnings generated from investments, such as stocks and bonds, which include interest, dividends, and capital gains.

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