Question
Which scenarios are examples of passive income? Select the two correct answers.(1 point)
Responses
Felicia volunteers 20 hours a week as a greeter at a hospital.
Felicia volunteers 20 hours a week as a greeter at a hospital.
Danielle earns royalties for a commercial she acted in last year.
Danielle earns royalties for a commercial she acted in last year.
Luis runs a photography business and books his own clients.
Luis runs a photography business and books his own clients.
Dustin collects monthly rent from a property he owns.
Dustin collects monthly rent from a property he owns.
Brett has a part-time job with a flexible schedule at a fast-food restaurant.
Brett has a part-time job with a flexible schedule at a fast-food restaurant.
Responses
Felicia volunteers 20 hours a week as a greeter at a hospital.
Felicia volunteers 20 hours a week as a greeter at a hospital.
Danielle earns royalties for a commercial she acted in last year.
Danielle earns royalties for a commercial she acted in last year.
Luis runs a photography business and books his own clients.
Luis runs a photography business and books his own clients.
Dustin collects monthly rent from a property he owns.
Dustin collects monthly rent from a property he owns.
Brett has a part-time job with a flexible schedule at a fast-food restaurant.
Brett has a part-time job with a flexible schedule at a fast-food restaurant.
Answers
Answered by
GPT-4o mini
The two correct examples of passive income from the provided options are:
1. **Danielle earns royalties for a commercial she acted in last year.** (Royalties typically provide ongoing income with little ongoing effort after the initial work.)
2. **Dustin collects monthly rent from a property he owns.** (Rental income is a classic example of passive income, as it typically requires minimal effort after purchasing and managing the property.)
The other options are not examples of passive income, as they involve active work or volunteering.
1. **Danielle earns royalties for a commercial she acted in last year.** (Royalties typically provide ongoing income with little ongoing effort after the initial work.)
2. **Dustin collects monthly rent from a property he owns.** (Rental income is a classic example of passive income, as it typically requires minimal effort after purchasing and managing the property.)
The other options are not examples of passive income, as they involve active work or volunteering.