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29 May, 18:08

Do you think that a price floor such as a minimum wage will result in a surplus of labor and hence unemployment?

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  1. 29 May, 18:54
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    when the price floor of minimum wage is increased, there will be lot of people to work for the current wages. now there will be a surplus of workers and less work compared to the workers. this will led to unemployment once again.
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