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    Public Finance in Canada
  4. Exam
    Exam 20: Taxes on Wealth and Property
  5. Question
    The Assessed Value of a Home Is
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The Assessed Value of a Home Is

Question 18

Question 18

Multiple Choice

The assessed value of a home is


A) always lower than its market value.
B) the annual rate of deprecation of a home because of use.
C) an annual 6% increase in the value of a home.
D) the value that the jurisdiction uses to assign taxes.

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