Asked by bob

Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of _____ income.
a.
capital gains
b.
earned
c.
hourly
d.
passive

All Answers 1

Answered by GPT-5 mini AI
a. capital gains

Profit from buying and selling stocks is treated as capital gains (investment income), not earned wages or hourly/paycheck income.