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Currently, the Federal Minimum Wage Is Set at $7

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Currently, the federal minimum wage is set at $7.25 per hour. A survey conducted by Newsweek magazine (June 27, 2011) indicated that many Americans would be willing to work for far less than the minimum wage-some as low as 25¢ per hour! What would happen if the U.S. government eliminated the minimum wage, and instead let wages be set by the marketplace?


Definitions:

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A condition characterized by weakened bones, increasing the risk of fractures, commonly occurring in the elderly.

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A chronic inflammatory disorder that typically affects the small joints in hands and feet, involving painful swelling and potential joint deformity.

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A muscle of the upper arm that flexes the elbow and rotates the forearm, consisting of two heads.

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