medium · GMAT Verbal Reasoning
Tax revenues for the city of Springfield increased by 10% last year, even though the city council lowered the property tax rate.
Which of the following, if true, most helps to resolve the apparent paradox?
- Many Springfield homeowners remained unaware that the council had lowered the property tax rate at all.
- Last year's property tax cut was the smallest single rate reduction in the council's recorded history.
- The aggregate assessed value of Springfield's taxable property rose by an average of 25% last year.
- Cities bordering Springfield held their own property tax rates unchanged for the entire year.
- The council separately voted to raise the sales tax rate charged on a list of luxury goods.
Sign up free to see the explanation and track your rank →
More GMAT Verbal Reasoning practice
- A gardener says: 'All roses in this garden require daily… What is the role of the…
- What is the conclusion?
- What logical role does the first sentence play in the researcher's argument?
- What logical role do the first two statements play?
- Which of the following is the conclusion?
- What is the conclusion?
- Which statement is the conclusion?
- What is the conclusion?
All Verbal Reasoning questions · GMAT study guide · GMAT glossary · GMAT flashcards