Question

in 2007 the poverty threshold for a family of four two of whom were related children was $21027 at the same time the poverty threshold for a family of four three of whom were related children was 21100 for each of the preceding years the difference between these two thresholds was less than $100 what is the conclusion you can draw from this

Answer 1

MINIMUM WAGE does not increase much over time

Explanation:

Based on the information given the conclusion you can draw from this is that MINIMUM WAGE DOES NOT INCREASE OR TEND TO GO UP MUCH OVER TIME Since the MINIMUM WAGES of the poverty threshold of whom TWO were related children was the amount of $21,027 and the poverty threshold of whom THREE were related children was the amount of $21,100 indicating that the minimum wages only increase from $21,027 to $21,100 given us the amount of $73 ($21,027 -$21,100) which is less than the amount of $100 as the difference between these TWO THRESHOLDS for each of the preceeding year.