Jed spends $32$ hours a week, $50$ weeks a year, operating a bicycle rental store that he owns at a resort community. He also owns a music store in another city that is operated by a full$-$time employee. He elects not to group them together as a single activity under the $$appropriate economic unit$$ standard. Jed spends $40$ hours per year working at the music store.

Group of answer choices

Neither store is a passive activity.

Both stores are passive activities.

Only the bicycle rental store is a passive activity.

Only the music store is a passive activity.