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What is the difference between consistent and in-
consistent income? Provide an example of both
types.
Answer in complete sentences.

Sagot :

GinnyAnsweridn

Final answer:

Consistent income stays stable over time, while inconsistent income fluctuates irregularly. Examples illustrate these differences.


Explanation:

Consistent income refers to a stable flow of earnings that remains relatively constant over time, such as a salaried job. Inconsistent income fluctuates or varies irregularly, like income from freelance work or sales commissions.

For example, a teacher with a fixed monthly salary has consistent income. In contrast, a freelance graphic designer whose income varies based on project contracts experiences inconsistent income.


Learn more about difference between consistent and inconsistent income here:

https://brainly.com/question/17152787


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