Utility Values Typically Range from -1 to +1

question 78

True/False

Utility values typically range from -1 to +1.

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Definitions:

Assessed Valuation

The valuation placed on property by a public tax assessor for purposes of taxation.

Assessed Valuation

The value assigned to a property by a government tax assessor for tax purposes.

Tax Rate

The percentage of one's income or the value of a good, service, or asset that is paid as tax to the government.

Market Value

The existing cost at which a service or asset is available for purchase or sale in the market.