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Willy is involved in a number of businesses as a consultant. Below are the businesses and the hours of activity that Willy spent in each. Identify any activities that are passive and explain why the income or loss from the other activities is not passive income or loss. *F is Willy's sole proprietorship and he has no employees.
World's Largest City
A term used to describe the city that, at any given time, has the largest population according to recognized global records.
Sao Paulo
The largest city in Brazil, known for its cultural diversity, architectural landmarks, and significant economic influence.
Tokyo
The capital city of Japan, known for its vibrant culture, advanced technology, and significant economic power.
Human Ecology Theory
A theoretical framework focusing on the interrelationships between people and their environment and the reciprocal impact each has on the other.
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