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the table below shows the annual income and hourly wage associated with two benchmark income
tevels. use this information to you answer the question below.
hourly wage annual income
$11.78 $23,550
2012 u. s. federal poverty line for a family of four
2012 u. s. median household income
$25.69
$51,371
data sources: u. s. department of health and human services and the u. s. census bureau
for each of the professions in the left column, calculate the annual pay based on full-time, year-round
employment consisting of 2,000 hours a year (40 hours per week for 50 weeks per year). record your
calculations under "annual income" in the table. then, find the difference between each annual wage
figure and a) the poverty threshold and b) the median household income. if the difference is a
negative number, record it as such. (30 points)
hourly wage
annual income
difference
difference
between annual between annual
wage and federal wage and median
poverty line household income
$7.25
federal minimum
wage
$8.00
california's
minimum wage
$55.65
marketing
managers
police officers
$27.40
child-care workers
$9.38
data source: u. s. bureau of labor statistics