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Gross Income Refers to

Question 90

Multiple Choice

Gross income refers to


A) the money that remains after paying for taxes and necessities.
B) the money deducted from a person's gross income for Federal, state, and local taxes.
C) the money a consumer has left after paying taxes to use for food, shelter, clothing, and transportation.
D) the total amount of money made by a single individual in the course of one year regardless of the income generated by other members of a household or family unit.
E) the total amount of money made in one year by a person, household, or family unit.

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