select the correct answer. jack wants to earn some extra income. his friends suggest that he invest in bonds…

select the correct answer. jack wants to earn some extra income. his friends suggest that he invest in bonds and stocks. what type of income will jack earn from investing in bonds and stocks? a. earned income b. passive income c. portfolio income d. business income

select the correct answer. jack wants to earn some extra income. his friends suggest that he invest in bonds and stocks. what type of income will jack earn from investing in bonds and stocks? a. earned income b. passive income c. portfolio income d. business income

Answer

Brief Explanations:

Portfolio income includes earnings from investments like bonds and stocks. Earned income comes from active work, passive income from ongoing activities with little effort but not specifically investment - based like this, and business income is from running a business.

Answer:

C. portfolio income