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Elisha is a photographer and charges a set fee to photograph weddings. This is an example of _____ income.

a. capital gains

b. earned

c. hourly

d. passive

User GregNash
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2 Answers

2 votes

Final answer:

Elisha's income as a photographer for weddings is an example of earned income, which is money received for providing a service.

Step-by-step explanation:

Elisha is a photographer and charges a set fee to photograph weddings. This is an example of earned income. Earned income refers to any money received as payment for labor or services provided. As a photographer, Elisha offers a service and gets paid for her professional abilities and time. In this scenario, the income is not based on hourly wages, it's not generated passively from investments (which would be capital gains or passive income), and it's not from the sale or trade of assets (which would be considered capital gains).

User Shawty
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5 votes

Answer:

B.

Step-by-step explanation:

Earned

User Androberz
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