Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

question 8 of 10 which statement best describes income? a. income is on…

Question

question 8 of 10
which statement best describes income?

a. income is only money earned through a job.

b. income is only money earned through investments.

c. income does not include money received from family.

d. income is all money earned or received.

Explanation:

Brief Explanations

Income encompasses all forms of money obtained, including wages from jobs, investment returns, gifts from family, and other sources. Options A and B incorrectly limit income to only one source, while option C is wrong because money from family can count as income.

Answer:

D. Income is all money earned or received.