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Arada [10]
2 years ago
7

Property taxes are usually determined based on quizlet

SAT
1 answer:
Agata [3.3K]2 years ago
4 0

Property taxes are typically determined based on the monetary value of the property.

<h3>What is taxation?</h3>

Taxation is the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.

<h3>The types of tax.</h3>

In Economics, there are different types of tax levied on individuals or business firms by the government, and these include the following:

  • Sales tax
  • Income tax
  • Property tax

In conclusion, it is important to note that property taxes are typically determined based on the monetary value of the property.

Read more on tax here: brainly.com/question/25783927

#SPJ1

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The graph is not found here, but a residual plot shows that the line of best fit is appropriate for data when points are well distributed on the x-axis.

<h3>What is a residual plot?</h3>

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