The Rulemaking Requirement That an Agency Does Not Need to Publish

question 58

Multiple Choice

The rulemaking requirement that an agency does not need to publish revised rules for comment unless they are radically different from the original is known as the

• A) arbitrary and capricious standard.
• B) Chevron test.
• C) logical-outgrowth test.
• D) McDonnell Douglas test.

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Definitions:

Effect Uncertainty

involves the unpredictability surrounding the consequences or outcomes of a decision or action.

State Uncertainty

The condition of not knowing the true state of a system or environment, often due to insufficient information.

Economic Uncertainty

The unpredictability in economic conditions, which can include factors such as inflation rates, employment levels, and market volatility, affecting business and investment decisions.

Macro Uncertainty

The uncertainty that exists within the broad economy which can impact decision-making and future outcomes on a large scale.