Gross income refers to
A) the money that remains after paying for taxes and necessities.
B) the money deducted from a person's paycheck to pay for federal, state, and local taxes.
C) the money a consumer has left after paying taxes to use for necessities such as food, shelter, clothing, and transportation.
D) the total amount of money made by a single individual in his or her lifetime.
E) the total amount of money made in one year by a person, household, or family unit.
Correct Answer:
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