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Income is the money you earn from (1 point) O having a job selling goods you make or grow investing in a business all the above

Ask by Schmidt Bryant. in the United States
Feb 26,2025

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Income comes from having a job, selling goods, and investing in a business.

Solution

The correct answer is "all the above." Income can be generated from various sources, including: 1. **Having a job**: This includes salaries, wages, and any other compensation received for work performed. 2. **Selling goods you make or grow**: This refers to income earned from selling products that you have created or cultivated. 3. **Investing in a business**: This includes profits earned from investments in businesses, such as dividends or capital gains. Therefore, all these options contribute to income.

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Bonus Knowledge

Income is the money you earn from a variety of sources, including having a job, where you provide your skills and services in exchange for a paycheck. Additionally, if you're crafty or have a green thumb, selling goods you make or grow can also bring in some cash. Don’t forget, investing in a business can generate income through dividends or profit shares, which can be incredibly rewarding! When thinking about diversifying your income, consider the power of passive income streams. This can include rental income from property or dividends from stocks, which require less active effort than traditional employment. Remember, the more diverse your income sources, the less you have to rely on a single paycheck, providing flexibility and financial security!

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