What are the economic implications of this action in the, Econometrics

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What are the economic implications of this action in the

Assume that the government imposed a price floor on wages (minimum wage) in order to make sure that workers can earn a living wage. Is this a price floor? What are the economic implications of this action in the labor markets? Use graphs as needed and explain your answers thoroughly.

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Econometrics: What are the economic implications of this action in the

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Econometrics: What are the economic implications of this action in the

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