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if the minimum wage (a price floor in the labor market) is set the equilibrium wage level. then the quantity of labor supplied _

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if the minimum wage (a price floor in the labor market) is set ________ the equilibrium wage level. then the quantity of labor supplied _________ the quantity demanded, resulting in unemployment. 0 Below. is smaller than 0 Below. exceeds 0 Above, is smaller than 0 Above, exceeds

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