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Introduction to Macroeconomics

Question 9 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Homeowners pay on the land they own.

Answer
A
property taxes
B
income taxes
C
corporate taxes

Explanation

Homeowners generally pay property taxes based on the land and buildings they own. Income taxes are based on earnings, while corporate taxes are paid by businesses on their profits. So the correct choice is property taxes.

AI-written and checked against the verified answer.

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