$4.$ Study Questions and Problems #$4$

Assume the minimally acceptable diet is estimated to be $$5$ per person per day, and the minimum wage is $$9$ per hour. Also assume that Edison, the head of a family of four, works $40$ hours per week for $52$ weeks at a minimum$-$wage job.

Assuming that low$-$income families spend one$-$third of their income on food, the official poverty threshold annual income for a family of four would be

$

$.$

Edison earn enough to surpass the poverty threshold in this scenario.