In Business / College | 2025-07-07

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

Asked by treyfrm2006

Answer (1)

Byron's income from buying and selling stocks is classified as capital gains, which are profits made from the sale of investments. The other options do not accurately describe his source of income. Thus, the correct answer to the question is capital gains. ;

Answered by GinnyAnswer | 2025-07-07

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