Definition:
For households and individuals, "income is the sum of all the wages, salaries, profits, interest payments, rents, and other forms of earnings received in a given period of time." (also known as gross income).
Question:
Based on the Definition of Income above what is the impact of income on the budgeting of an indvidual?
Rubric:
Please use RACES (Restate, Answer, Cite, Explain/Summarize)
Must be AT LEAST 3 Sentences
Proper Grammer and Punctuation Needed plz help i need at least 3 Sentences i only have 15 points plzzzzzzzz