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The U.S. federal minimum wage currently stands at $7.25 an hour. In the years since, 29...

The U.S. federal minimum wage currently stands at $7.25 an hour. In the years since, 29 states and the District of Columbia have established minimum wages above this federal level. How do minimum wage laws affect the equilibrium in the labor market?

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Rahul Sunny answered 1 year ago
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