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Type: Multiple-Choice
Category: Personal Finance
Level: Grade 12
Author: rlminyard
Last Modified: 8 years ago

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Grade 12 Personal Finance

What is the difference between gross pay and net pay?
  1. Gross pay is after taxes and withholding, net pay is before taxes and withholding
  2. There is no difference between the two
  3. Gross pay is before taxes and withholding, net pay is after taxes and withholding
  4. The difference is determined primarily by your age