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What is a classified property tax system

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Question - What is a classified property tax system?

a. A system in which there are different assessment ratios for different types of property

b. A system in which the assessment ratio of a property is always dependent on market value

c. A system that relies on the coefficient of dispersion to make assessments

d. A system in which high turnover properties are compared to low turnover properties for assessment

Reference no: EM132653144

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