On July 1, 2016, the minimum wage will increase in 14 U.S. cities, states, and counties, and
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On July 1, 2016, the minimum wage will increase in 14 U.S. cities, states, and counties, and in the District of Columbia. In San Francisco, the minimum wage will rise to $13.00 by 2018.
Explain how the widespread rise in the minimum wage will influence aggregate supply.
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