Examlex
Farm output per person in the Global South is often barely sufficient to feed a farmer's own family.
Gross Earnings
The total amount of revenue or income earned by an individual or business before any deductions or taxes are applied.
Net Pay
The amount of money an employee takes home after deductions like taxes and retirement contributions have been subtracted.
FICA Tax
A mandatory tax used to fund the United States Social Security and Medicare programs, deducted from the wages of employees.
Federal Income Tax
A tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
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