The table below shows the annual income and hourly wage associated with two benchmark Income levels. Use this information to help you answer the question below.
Mouchy Wake
Annual laceme
2012 US federal poverty line
$11.78
wa family of
$23,550
2012 US median household
$25.69
$S1,371
Ce source US Department of Health and Nurlan Services and the US 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 So 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 wake
Annual taseme
Difference
Ritterence between annual
between annual ware and
ware and federal median
poverty line
household
income
Federal minum
$7.25
Caldas
$8.00
Marketing
managers
Police officers
Child-care
$55.65
$27.40
$9.38
Date source US Bureau of Labor Statistics