Final Regulations Can Take Effect on Any of the Following

question 13

Multiple Choice

Final regulations can take effect on any of the following dates except

• A)the effective date of the statutory language they interpret, provided they are issued within 18 months of the date of the change to the statute.
• B)the date on which final regulations were proposed.
• C)the date on which related temporary regulations were first published in the Federal Register.
• D)the date on which they were issued in final form.

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Definitions:

Loanable Funds

A term in economics that refers to all the money available for borrowing, encompassing both savings and credits created in the banking system.

National Saving

The total amount of savings generated within a country, which is equal to the sum of private and public savings.

Government Expenditures

The total amount of money that a government spends in a specific period, including spending on public services, welfare, and infrastructure.

Default

The failure to promptly pay interest or principal when due, which can occur in regard to debts like loans or securities.