Nickel & Dimed Flashcards

1
Q

NICKEL AND DIMED:

41.How is the poverty level calculated?

A

-cost of food for a family * 3

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2
Q

NICKEL AND DIMED:

42.What proportion of income is considered affordable for housing?

A

Rent has to be 30% of income to be considered affordable for housing

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3
Q

NICKEL AND DIMED:

43.What is a living wage?

A
  • A wage high enough to provide an acceptable standard of living
  • $14 an hour
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4
Q

what is minimum wage?

A

$7.40

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