Question

Money received in the form of dividends or interest is _________ income. a. excluded b. investment...

Money received in the form of dividends or interest is _________ income.

a. excluded

b. investment (incorrect)

c. earned

d. passive

e. capital gain

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Answer #1

Money received in the form of dividends or interest is passive income.

Explanation:

Passive income is the income which is earned with minimal activity and requires very less effort to maintain it. Interest and Dividend is earned by investment in assets and its requires minimal effort.

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