Question

enter your response into the blank field using one word only.

what income is the total amount of what you earned?

Explanation:

🆕 New Concept Discovered: Gross vs. Net Income
The total earned before any deductions

Step 1: Identify the financial term

In personal finance, there are two primary ways to describe your income:

• Gross income: The total amount of money you earn before any taxes, retirement contributions, or other deductions are taken out.
• Net income: The amount of money you actually take home after all deductions have been subtracted (often called "take-home pay").

Step 2: Match with the question requirements

The question asks for the "total amount of what you earned" and specifies that the response must be one word only.

The word that represents the total earned amount before deductions is gross.

Answer:

gross