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- 1. Multiple Choice
Gross income is:
the total amount of money you earn
the amount of money you receive after decuctions are subtracted
the total amount of money you spend
sales taxes on items you buy
- 2. Multiple Choice
Alexis worked 24 hours last week. At a rate of $12 per hour, what was Alexis' gross pay?
$36
$144
$288
$312
- 3. Multiple Choice
Net income is:
the total amount of money you earn
the amount of money you receive after deductions are subtracted from your gross income
the amount of money that is taken away in the form of taxes
the hourly rate of pay
- 4. Multiple Choice
Yvonne's gross income: ?
Yvonne's deductions: $251.18
Yvonne's net income:$451.82
$703
$200.64
$954.18
$25,812.00
- 5. Multiple ChoiceMartha's net income is $500, if her gross income is $850, how much are her deductions?-$350$350$500$1350
- 6. Multiple Choice
A deduction is
gross income
money added to your income
net income
money taken out of your income
- 7. Multiple Choice
Gross income minus deductions equals your net income.
If Amorelle made $384 in gross income and her deductions are $122, what is her net income?
$506
$406
$262
$266
- 8. Multiple ChoiceA portion of the value of items. This can be charged on items like: cars, houses, boats, or land.Income TaxSales TaxPayroll TaxProperty Tax
- 9. Multiple ChoiceThe total tax an employer withholds to pay to the government.Property TaxSales TaxIncome TaxPayroll Tax
- 10. Multiple ChoiceAlex purchases 2 comic books for $5 each and a set of trading cards for $10. He gives the clerk $20, but he needs more money to pay for the tax. Which tax does Alex need to pay?Property taxIncome taxSales taxPayroll tax
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