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ECONOMICS
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 each year). Record your calculations under "Annual income" in the table. Then, find the difference between each annual wage figure and both the poverty threshold and the median household income. If the difference is a negative number, record it as such.

ECONOMICS For each of the professions in the left column calculate the annual pay based on fulltime yearround employment consisting of 2000 hours a year 40 hour class=

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Answer:

Annual Income is calculated by multiplying the Hourly wage by 4,000 hours.

The Difference between annual wage and federal poverty line is calculated by deducting the 2019 Poverty threshold of $13,011 from the Annual Income.

The Difference between annual wage and median household income is calculated by deducting the 2019 Median household income of $68,703 from the Annual income. Negative balances are highlighted.

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Answer:

Hope this helps

Explanation:

$7.25 $14,500 $1,489 $-54,203

$8.95 $17,900 $4,889 $-50,803

$23.87 $47,740 $34,729 $-20,963

$51.90 $103,800 $90,789 $35,097

$82.70 $165,400 $152,389 $96,697

$11.12 $22,240 $9,229 $-46,463

$26.57 $53,140 $40,129 $-15,563

$9.38 $18,760 $5,749 $-49,943

$10.59 $21,180 $8,169 $-47,523

$58.91 $117,820 $104,809 $49,117

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