15
QuizMultiple Choice

Financial Literacy — Test

Question 15 • Economics

To change gross income, someone would need to

Answer
A
earn more money.
B
increase withholdings.
C
save more per month.
D
reduce deductions.

Explanation

Gross income is the total amount earned before taxes, deductions, or withholdings are taken out. Earning more money changes gross income; reducing deductions or increasing withholdings affects take-home pay, not gross income.

AI-written and checked against the verified answer.

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