Question: Should the national minimum wage be increased? Raising the minimum wage has been a hotly debated topic for a long time. It is an issue

Should the national minimum wage be increased? Raising the minimum wage has been a hotly debated topic for a long time. It is an issue that many believe that the government needs to intervene while others argue that the market should determine wages. The supply and demand model and related concepts are good tools that can be applied to analyze the issue. In your initial post, address the following:

Use economic concepts and principles to support your position on this topic.
After addressing the economics of the debate, you may add on any social issues related to the debate.
cover opposition of increasing the minimum wage.

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