Revenue Forecasts, Revenue Estimates, and Tax Expenditure Budgets

Instructions: Place your name, course name and number, chapter number, and date on your
answer sheet.
Exercise:
Your state plans to adopt a tuition tax credit for college students.
Question:
A. How would you estimate the revenue impact of this provision?
B. How would the decision to use static, microeconomic feedback, or dynamic approaches
influence your estimate?

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