If the value of a piece of property decreases by 10 percent while the tax rate on the property increases by 10 percent, what is the effect on the taxes ?()
A: Taxes increase by 10 percent.
B: Taxes increase by 1 percent.
C: There is no change in taxes.
D: Taxes decrease by 1 percent.
E: Taxes decrease by 10 percent.
A: Taxes increase by 10 percent.
B: Taxes increase by 1 percent.
C: There is no change in taxes.
D: Taxes decrease by 1 percent.
E: Taxes decrease by 10 percent.
举一反三
- In which of the following situations would you prefer to be making a loan? A: The interest rate is 9 percent and the expected inflation rate is 7 percent. B: The interest rate is 4 percent and the expected inflation rate is 1 percent. C: The interest rate is 13 percent and the expected inflation rate is 15 percent. D: The interest rate is 25 percent and the expected inflation rate is 50 percent.
- If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, then an investor should be indifferent between dollars and euros if the expected dollar depreciation against the euro is 4 percent.
- Assume the following data: Risk-free rate = 4.0 percent; average risk premium = 7.7 percent. Calculate the required rate of return for the risky asset. A: 5.6 percent B: 7.6 percent C: 11.7 percent D: 30.8 percent
- According to a study finished in 2011, what percent of the groundwater in cities was polluted? A: Over 90 percent. B: 20 percent. C: 64 percent.
- In the event of a 1% fall in the market rate, the return on the stock is expected ________. (降低不到1%). A: decrease by less than 1 percent B: decrease by at least 1 percent C: to decrease by less than 1 percent D: to decrease by at least 1 percent