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Joanne states, "If raising the minimum wage to $10 an hour is good, like Senator Largess suggests, then raising it to $20 an hour would be twice as good." Is the minimum wage a price floor or a price ceiling? Is Joanne correct? Why or why not? Does raising the minimum wage help the poor?
Please respond using economics as your foundation. The response should be between 200 - 300 words. Please answer withen a hour.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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