Q37: GWD-29-Q17

The total market value of real estate in Altonville has steadily declined over the past four years.  This decline has meant that the overall figure on which the city’s property tax is based—the assessed value of that real estate—has also declined.  The percentage of assessed value that was paid as property taxes to the city, however, did not change from year to year during this period.

The information above most strongly supports which of the following?  B/C

1. The percentage of Altonville’s yearly revenue that comes from money collected in property taxes did not change over the past four years.

2. The percentage of Altonville’s yearly revenue that comes from money collected in property taxes has declined steadily over the past four years.

3. The amount of revenue that Altonville collected from property taxes was lower last year than it was four years ago.

4. During the past four years, Altonville officials increased tax rates on other sources of revenue such as retail sales and business profits.

5. Altonville will soon require property owners to pay a higher percentage of the assessed value of their property as property tax.Compare with an old edition of this question listed below.  There are many tiny changes in the main body of the question and its answer choices.

1. those states with the strictest environmental regulations invest the most in education and job training

2. even those states that have only moderately strict environmental regulations have higher growth than those with the least-strict regulations

3. many states that are experiencing reduced economic growth are considering weakening their environmental regulations

4. after introducing stricter environmental regulations, many states experienced increased economic growth

5. even those states with very weak environmental regulations have experienced at least some growth

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