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NEW QUESTION 48
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 49
The ensuing argument among the pundKs rs no likelier to end in a declared winnef than a long debate about Karl Marx's political philosophy against Ayn Rand's would be.
Answer: D
NEW QUESTION 50
Large national budget deficits do not cause large trade deficits. If they did, countries with the largest budget deficits would also have the largest trade deficits. In fact, when deficit figures are adjusted so that different countries are reliably comparable to each other, there is no such correlation.
If the statements above are all true, which of the following can properly be inferred on the basis of them?
Answer: D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 51
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