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What is a classified property tax system? Group of answer choices A system in which there are different assessment ratios for different types of property

What is a classified property tax system?

Group of answer choices

A system in which there are different assessment ratios for different types of property

A system in which the assessment ratio of a property is always dependent on market value

A system that relies on the coefficient of dispersion to make assessments

A system in which high turnover properties are compared to low turnover properties for assessment

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