QUESTION IMAGE
Question
what is passive income?
○ income that requires minimal active involvement
○ it is often associated with generating revenue from assets
○ income received from independent ventures with limited management.
○ all of the choices
Passive income is income that typically needs little active effort to maintain. The first option describes minimal active involvement, the second mentions revenue from assets (like rental properties, investments which are common passive income sources), and the third refers to income from independent ventures with limited management (like a business you own but don't actively run daily). So all these descriptions fit passive income.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
D. All of the choices (assuming the last option is labeled D, with the text "All of the choices")