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Define and identify the significance to public budgeting & finance of five out of the six terms/concepts/cases below in about 1/2 to 1 page each.

Define and identify the significance to public budgeting & finance of five out of the six terms/concepts/cases below in about 1/2 to 1 page each. [1 point each; 5 total]

1. executive budget system 4. revenue bond

2. incrementalism 5. rational choice model of decision making

3. inter-generational equity 6. Tax Reform Act of 1986

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