Homework 05 Exploring Living Minimum Wages Using Arrays Introduction Living Wage Analysts Q37136229

Homework 05: Exploring Living and Minimum Wagesusing Arrays

Introduction:

What is a “Living Wage”?

“Analysts and policy makers often compare income to the federalpoverty threshold in order to determine an individual’s ability tolive within a certain standard of living. However, povertythresholds do not account for living costs beyond a very basic foodbudget. The federal poverty measure does not take intoconsideration costs like childcare and health care that not onlydraw from one’s income, but also are determining factors in one’sability to work and to endure the potential hardships associatedwith balancing employment and other aspects of everyday life.Further, poverty thresholds do not account for geographic

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