After reading this article and from your own research please address the three questions below in a four to five page paper.Using the principles of economic reasoning learned in this module and any insights from Professor MacKenzie discuss the probable consequences of the minimum wage law.Focusing on the very least skilled potential workers in society provide a detailed discussion of the differential effects of the minimum wage on these people relative to the effects on more skilled workers.Is the minimum wage law an effective poverty-fighting measure?Important note: Remember to support your answers with solid references including but not limited to the MacKenzie article article