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Earned Income Flashcards | StudBud
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Earned Income
Earned Income
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StudBud Administration
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Do you think you know what earned income is? Test your knowledge by taking this Quiz.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
If you don't work, your Earned income becomes zero.
True
False
2
Earned income is when you trade time and effort in exchange for money
True
False
3
What is Earned income?
Income from an investment
Income from working for someone or yourself
Income from stocks
Income from your YouTube channel
4
Which of the below options best defines Earned income?
More time you put in more time you earn
More time you put in more income you earn
More time you put in more savings you build
More time you put in more value you create
5
Types of Earned income are...
Wages and salary
Bonuses
Real estate
Commissions
6
Who earns most?
Paramedic
General Physician
Nurse
Gynecologist
7
Earned income is taxable.
True
False
8
All doctors across the USA make the same income.
True
False
9
Things that determine your earned income are...
Job Type
Experience
Location
Education Level
10
What are good strategies to increase Earned income?
Quit a job
Position yourself for a raise
Become a specialist in your job role
Earn a degree or certificate
