If the city is taxing property at the maximum rate allowed


If the city is taxing property at the maximum rate allowed and then the assessed valuation of the property in the city increases , which of the following can be expected to happen if the state does not allow an increase in the property tax levy?

A. property tax rate increase

B. the property tax levy increases

C. coefficients of dispersion increase

D. property tax rate decrease

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Business Economics: If the city is taxing property at the maximum rate allowed
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