Economics Discussion. Discussion Board #411 unread reply.11 reply.Discussion Board Requirements(please review syllabus for more detailed explanation)1. Initial post: 3-4 paragraphs, must have at least an in-text citation and reference in APA formatting, answer the question2. Peer responses: two peer responses of at least one paragraph in length. any response to my questions will count as well3. First post due by Thursday by the FIRST Thursday of the module by 11:55pm4. Week ends by Saturday at 11:55pmRubric:60 points for initial post(20 points for having first post by Thursday)40 points for two peer responsesQuestion:ÿExplain your position on the minimum wage and whether it should be increased or not. Analyze the implications of the income inequality in the US and if this a problem that the US should focus on. Evaluate the growing trade deficit on the US economy.Once I post the Discussion, I will send the responses