Question

which is an example of income?
○ a loan a struggling business owner receives
○ a paycheck a retail store employee receives
○ interest charged on purchases made with a credit card
○ credit extended to a consumer looking to buy a computer

Explanation:

To determine an example of income, we analyze each option:

• A loan is borrowed money (not income, as it must be repaid).
• A paycheck is payment for work, which is earned income.
• Interest charged on credit card purchases is a cost (not income for the cardholder).
• Credit extended is a borrowing arrangement (not income).

So the paycheck a retail store employee receives is income.

Answer:

B. a paycheck a retail store employee receives