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Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level? Defend your position using economic principles.
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economics
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Disagree.
Let us say that if there is no min. wage, then supply and demand determines that Q workers should be hired at $P/hour.
And now, government imposes a min. wage.
If the min. wage is less than or equal to $P/hour, then it ...
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