USE THE FOLLOWING DATA TO ANSWER THE QUESTION

question 14

Multiple Choice

USE THE FOLLOWING DATA TO ANSWER THE QUESTION.
Swamp City contains the following properties:

All property is currently taxed at 3% of assessed value.
-What is the average effective tax rate on residential property?

• A) .008
• B) .003
• C) .030
• D) None of the above or cannot be calculated from the data given.

---

Definitions:

Lost-Horse Forecast

A method of making predictions based on past events without considering why those events happened, akin to looking for a lost horse based on where you've found it in the past rather than understanding where it likes to go.

Marketing Manager

A professional responsible for overseeing the promotion and advertising of products or services, aiming to enhance sales and market presence.

Decision-Making Process

A series of steps taken by individuals or organizations to choose among alternatives and solve problems.

Countertrade

The practice of using barter rather than money for making global sales.