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QUESTION 5 Multiple Answer: What will be the effect(s) of abolishing the federal minimum wage? O Cyclical unemployment will decrease Unemployment will disappear Frictional unemployment

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QUESTION 5 Multiple Answer: What will be the effect(s) of abolishing the federal minimum wage? O Cyclical unemployment will decrease Unemployment will disappear Frictional unemployment will decrease Structural unemployment will increase The natural rate of unemployment will be higher Structural unemployment will decrease The natural rate of unemployment will be lower

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