Notice-And-Comment Rulemaking Is Considered Preferable to the Rules Operating Prior

question 15

Multiple Choice

Notice-and-comment rulemaking is considered preferable to the rules operating prior to the introduction of these requirements because it is

• A) automatically reviewed by the courts.
• B) more democratic.
• C) an adversarial process.
• D) unreviewable.

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Definitions:

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at a given price.

Tax Revenue

Income that is gained by governments through taxation, used to fund public services and government obligations.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded, typically downward sloping to the right.

Tax

Mandatory monetary contributions or taxes levied by a government on people or organizations to support government spending.