what is calculated when deductions are subtracted from gross pay?\nnet pay\nstock market index\nhourly wage

Answer:

A. net pay

Brief Explanations:

In the context of payroll (a Business - related concept, specifically in areas like Finance or Account), gross pay is the total earnings before any deductions (like taxes, insurance, etc.). When these deductions are subtracted from gross pay, the resulting amount is the net pay, which is the actual amount an employee receives. A stock market index is related to financial markets and not payroll calculations. Hourly wage is the rate per hour of work and is used to calculate gross pay (by multiplying with hours worked), not the result of subtracting deductions from gross pay.