write an essay discussing the costs and benefits of increasing the minimum wage.

Raising the federal minimum wage is currently a hot topic in American politics. PresidentJoseph R. Biden wants to increase the federal minimum wage to $15 per hour but it will require bothhouses of congress to approve the measure and based on how this congress is constructed, it seems like itwill be a daunting task.For this paper, your objective is to write an essay discussing the costs and benefits of increasing theminimum wage. The paper must include at least 4 credible, scholarly sources as well as a Works Citedpage. Wikipedia is not a credible source! Finally, your paper should be written in Times New Roman, size12 font, and it should be double-spaced.