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Which of the following statements about the minimum wage are true? O A minimum wage is an example of a price floor. O A minimum

Which of the following statements about the minimum wage are true? O A minimum wage is an example of a price floor. O A minimum wage set below the equilibrium wage rate will have no effect on the labor market equilibrium. An increase in the minimum wage to $15, could lead to an increase in unemployment. O All of the above

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