140 Warmup

Last Name?

First Name?

Period

• P1 Algebra
• P3 Algebra
• P4 Business Math
• P5 Pre-Algebra
• P6 Algebra

Class Number?

Date

Which of the following statements is true about education and lifetime earnings?

• Generally, the more education you receive, the higher your lifetime earnings will be.
• There is no relationship between the level of education received and lifetime earnings.
• Generally, the less education you receive, the higher your lifetime earnings will be.
• Generally, the more education you receive, the lower your lifetime earnings will be

Generally, _____________ you receive, the higher your lifetime earnings will be

• the less education
• the more education
• the lower the score on standardized tests
• the higher the score on standardized tests

Generally, the more education you receive, the ________________ will be

• lower your lifetime earnings
• lower your electricity bills
• higher your food bills
• higher your lifetime earnings

What is net pay?

• The amount of pay earned for the total number of hours worked.
• The amount of money you're paid after all taxes and deductions are taken out of your paycheck.
• The amount of money you're paid before all taxes and deductions are taken out of your paycheck.
• Your gross pay plus any bonuses.

What is the difference between gross and net pay?

• Gross pay is after taxes are subtracted but net pay is before taxes are taken out.
• Gross pay is before taxes are subtracted but net pay is after taxes are taken out.
• Gross and net pay are basically the same things.
• Net pay is a salary and gross pay is from hourly wages.