Asked by
Chase Biswell
on Nov 05, 2024
Verified
The $1,000 you earned last year on your money market fund is an example of
A) property income.
B) transfer income.
C) inheritance income.
D) human capital income.
Money Market Fund
A type of mutual fund that invests in short-term, high-quality debt securities, offering investors liquidity and a low risk of loss.
- Differentiate among various categories of income.
Verified Answer
SA
Learning Objectives
- Differentiate among various categories of income.