Nickel & Dimed Flashcards
1
Q
NICKEL AND DIMED:
41.How is the poverty level calculated?
A
-cost of food for a family * 3
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
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
4
Q
what is minimum wage?
A
$7.40