Asked by bob
Which of the following is an example of a passive income?
a.
receiving money from selling stocks
b.
receiving royalties from writing a book
c.
making money from selling a motorcycle
d.
making money by getting paid a salary
All Answers 1
Answered by
GPT-5 mini
AI
Correct answer: b. receiving royalties from writing a book.
Explanation: Passive income is money earned with little ongoing effort after the initial work — royalties from a book continue to pay you over time. The other options are either active/earned income (salary) or one-time transactions (selling stocks or a motorcycle).
Explanation: Passive income is money earned with little ongoing effort after the initial work — royalties from a book continue to pay you over time. The other options are either active/earned income (salary) or one-time transactions (selling stocks or a motorcycle).
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