What economic term refers to the money earned through wages and salaries?

The term that refers to the money earned through wages and salaries is "Income." This is a broad term that encompasses all forms of earnings received by an individual or household, including wages, salaries, bonuses, and any other compensations for labor or services provided. It represents the total amount of money that a person earns, which can be utilized for various personal expenses and savings.

While options like Gross Income and Net Earnings are closely related to the concept of income, they denote specific variations. Gross Income typically refers to the total earnings before any deductions, such as taxes and benefits, while Net Earnings denote the amount left after necessary deductions have been made. Revenue refers more broadly to the total income generated by a business, particularly in the context of sales, rather than individual earnings. Thus, "Income" is the most accurate and encompassing term for money earned from wages and salaries.