What is "felix has a gross income of $18?

"felix has a gross income of $18" suggests that Felix earns $18 before any deductions or taxes are taken out. This gross income amount represents the total income earned by Felix from all sources, such as wages, salaries, bonuses, or other forms of compensation. It is important to note that this figure does not account for any deductions, contributions, or taxes that may be taken out of Felix's earnings before he receives the final amount as net income. Understanding the difference between gross income and net income is crucial for financial planning and budgeting purposes.