What Three-Step Procedure Does an Agency Follow in Order to Promulgate

question 35

Multiple Choice

What three-step procedure does an agency follow in order to promulgate rules or regulations,and in what order is the procedure performed?

• A) (1) Evaluation of comments (2) notice to the public (3) adoption.
• B) (1) Notice to the public (2) evaluation of comments (3) adoption.
• C) (1) Voting (2) evaluation of comments (3) adoption.
• D) (1) Adoption (2) notice (3) evaluation of results.

---

Definitions:

Wages

Payments made to employees based on the amount of time worked or the level of output produced.

Output

The total amount of goods or services produced by a company, industry, or economy.

Prospective Sunk Costs

Future costs that, once incurred, cannot be recovered and should not influence current decision-making processes.

Economic Decision-Making

The process of choosing among alternatives to maximize outcomes based on objectives and constraints.