Minimum wage & policy | Economics homework help
The graph shows the annual wage generated by the federal minimum wage between 1978 and 2009. The annual income is based on a 40-hour week and a 52-week year. The graph also shows the poverty threshold—the income level determined by the U.S. Census Bureau below which income is insufficient to support a family or household—for two categories of families between 1980 and 2007. Use the […]
