The largest family size for which the earnings of a single minimum wage job holder has been above the poverty line is
A)one.
B)two.
C)three.
D)four.

Question

Quizplus · Accepted Answer

According to the 2021 Federal Poverty Guidelines in the United States, the poverty line for a family size of three is $21,960. As of July 2021, the federal minimum wage in the US is $7.25 per hour. Assuming a person works full-time earning the minimum wage, they would earn $15,080 per year before taxes. This income would put a family of three just above the poverty line. Therefore, the largest family size for which the earnings of a single minimum wage job holder has been above the poverty line is three.

The Largest Family Size for Which the Earnings of a Single