The Value of Tax Land Increases as a Result of Site

question 7

Multiple Choice

The value of tax land increases as a result of site value taxation only when _____.

• A)all governments employ it
• B)surrounding governments do not employ it
• C)the supply of land is inelastic
• D)the demand for housing is strong

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Definitions:

Clarifying

The process of making statements or concepts more understandable and precise through detailed explanations or specifications.

Encouraging

involves providing support, confidence, or hope to someone.

Coleadership

A leadership structure where two or more individuals share responsibility for directing and managing a group or organization.

Less Expensive

Referring to an option that costs less money than others or is relatively cheap.