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Business, 12.02.2022 14:00 elijahproctor36

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 between annual wage and federal poverty line Difference between annual wage and median household income Federal minimum wage $7. 25 $14,500 $1,489 $-54,203 California's minimum wage $8. 00 $17,900 Marketing managers $55. 65 Police officers $27. 40 Child-care workers $9. 38 Data source: U. S. Bureau of Labor Statistics.

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For each of the professions in the left column, calculate the annual pay based on full-time, year-ro...

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