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Economics, Third Edition
John B. Taylor, Stanford University
Exercises
Chapter 2: Observing and Explaining the Economy


Teen Pregnancy and Welfare Reform

Questions:

  1. Read "Teen Pregnancy Prevention: Welfare Reform's Missing Component," by Isabel Sawhill of the Brookings Institution. Is this an example of positive economics, normative economics, or a combination of both positive and normative economics?
  2. Briefly state the positive and/or normative economic arguments that are embedded in this article.


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