Question

section 4: money management
lesson 1: money
practice
what is earned income? (select the best answer.)
○ money you hope to earn in the
future
○ money you have not included in your
budget
○ income you receive from gifts and investments
○ income you receive for work youve done

Explanation:

To determine earned income, we analyze each option:

• "Money you hope to earn in the future" is future income, not earned yet.
• "Money you have not included in your budget" is about budget tracking, not earned income definition.
• "Income you receive from gifts and investments" is unearned (gifts) or investment income, not from work.
• "Income you receive for work you’ve done" matches the definition of earned income (compensation for labor).

Answer:

D. Income you receive for work you've done