Jarred has a wife and two boys.He works full-time for minimum wage.Which of the following best reflects his family's financial situation?
A) He earns a yearly income about 20 percent above the poverty line.
B) His income keeps the family just above the poverty line.
C) He cannot keep his family above the official poverty line.
D) His family is much better off now than they would have been 20 years ago.

Question

Quizplus · Accepted Answer

Working full-time for minimum wage often does not provide enough income to keep a family of four (two adults and two children) above the official poverty line, especially considering the cost of living and inflation.

Jarred Has a Wife and Two Boys