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Assume you work 40 hours a week. If you earn $400 a week, what is your hourly wage?

User Jakumi
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Final answer:

To calculate the hourly wage, divide the total weekly earnings by the number of work hours. If a student earns $400 a week working 40 hours, the hourly wage is $10 per hour. This straightforward calculation is a basic math application for determining income.

Step-by-step explanation:

To calculate the hourly wage, you need to divide the total earnings by the number of hours worked. In this case, the student earns $400 a week for 40 hours of work. The formula to determine hourly wage is:

Hourly Wage = Total Earnings ÷ Hours Worked

Applying the formula, we get:

Hourly Wage = $400 ÷ 40 = $10

So, the hourly wage is $10 per hour. This is a straightforward calculation and is part of real-world math applications in terms of income and budgeting. Working full-time doesn't necessarily avoid poverty due to various economic factors like minimum wage laws, the cost of living, and taxes. As touched upon in the background information, even with a government guaranteed income, additional work may not significantly increase net earnings because of benefit reductions.

User Tloflin
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