Select Field spacing issues.

[nocon]

Select Field seems to include invisible bottom margin when it's used with floating label. This can be observed here, between 'Float label text' and 'Float custom label text'. I've temporarily fixed it by setting the height of selected value div to calc(100% - 14px), but even then it seems to be couple pixels off.

Additionally, the spacing between selected value and hr element seems a bit too large compared to other controls.

[alitaheri]

This comes from the DropDownMenu's Paper background. we have to fix this! thanks.

[hburrows]

+1 Also encountering this.