6
QuizMultiple Choice

3.11 Budgeting

Question 6 • Personal Finance - EL3403

To change gross income, someone would need to

Answer
s
save more per month.
r
reduce deductions.
e
earn more money.
i
increase withholdings.

Explanation

Gross income is the total amount earned before deductions or withholdings are subtracted. Earning more money changes gross income; saving more, reducing deductions, or increasing withholdings affects what remains after earning it. Therefore, the correct choice is earn more money.

AI-written and checked against the verified answer.

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