Question

14 multiple choice 1 point what does fixed income mean? income that depends on how many hours you work income that increases every year with inflation income that comes only from investments income that is constant and does not change

Explanation:

To determine the meaning of fixed income, we analyze each option:

• The first option describes income based on hours worked, which is variable (e.g., hourly wage), not fixed.
• The second option describes income adjusted for inflation, which changes over time, so it's not fixed.
• The third option describes investment - only income, but fixed income isn't defined by its source being only investments (e.g., a fixed - salary job also provides fixed income).
• The fourth option, "Income that is constant and does not change", matches the definition of fixed income, as "fixed" implies a constant amount that doesn't fluctuate.

Answer:

D. Income that is constant and does not change (assuming the last option is labeled D; if the original options had labels like A, B, C, D with the last one being the correct one, use the appropriate label. From the text, the last option is "Income that is constant and does not change", so the answer is the option with this text.)