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the minimum wage was pushed by three factions each had their distinct purpose although there was quite a bit of overlap among them the first faction consisted of progressives who believed that a minimum wage would raise the living standards of the poorest americans this group was the most economically naive
( Price Floors )The minimum wage is a price floor in a market for labor. The government sets a minimum price per hour of... 16. (Price Floors) The minimum wage is a... (Solved) March 18, 2016. 16. ( Price Floors ) The minimum wage is a price floor in a mar- ket for labor.The government sets a minimum price ... (Price Floor)There is considerable interest in whether the... (Solved) September 30, 2016. ( Price Floor )There is considerable interest in whether the minimum wage rate contributes to teenage unemployment.