Question: Generally, the more education you receive, the higher your lifetime earnings will be.

Answer: True

Question: There is no relationship between the level of education received and lifetime earnings.

Answer: False

Question: For most careers, which degree will most likely result in the highest lifetime earnings?

Answer: Bachelor’s degree

Question: What is net pay?

Answer: The amount of money you’re paid after all taxes and deductions are taken out of your paycheck.

Question: Net pay is NOT

Answer: Your gross pay plus any bonuses.