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The City of Toronto Had a Property Tax Rate of Approximately

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The city of Toronto had a property tax rate of approximately 1.529% on multiresidential buildings in 2015. If a multiresidential building had an estimated value of $ 12 500 000, how much property tax did the building's owners have to pay?


Definitions:

Attention

The mental activity of focusing attention on a single element of one's surroundings, while disregarding other stimuli.

Reinforcement

In behavioral psychology, a process that increases the likelihood of a behavior being repeated, which can be positive (adding a desirable stimulus) or negative (removing an aversive stimulus).

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

A learning technique in which ongoing association between two stimuli eventually leads to a response initially induced by the second stimulus being induced by the first stimulus alone.

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