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In Business / College | 2025-07-03

Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of
a. capital gains
b. earned
c. hourly
d. passive
Please select the best answer from the choices provided

Asked by Hrkrhdydintbvhg

Answer (2)

The correct answer regarding the income Byron earns from buying and selling stocks is capital gains, as it refers to the profit generated from the increase in stock value. This income is distinct from earned income or hourly income. Byron's activities align with the definition of capital gains. ;

Answered by GinnyAnswer | 2025-07-03

The correct answer is capital gains, as Byron makes money by profiting from buying and selling stocks. This term describes the profit earned when assets like stocks increase in value. Other options such as earned income and hourly income do not apply to Byron's activities.
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Answered by Anonymous | 2025-07-04

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