Re: Property taxes are typically set at a flat rate per $1,000 of official
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24 Jul 2022, 16:29
OFFICIAL EDXPLANATION
If most property values have dropped significantly, but some have risen slightly, a reassessment should occur (since values have changed at different rates) but is unlikely (since it will not benefit the government). Thus choice D describes the required situation and is the best answer.
According to the passage, choices A and E describe the situations in which there is no need for a reassessment, since change has occurred uniformly. Similarly, choices B and C both describe situations in which a reassessment should occur, and is likely to, since the government will benefit.