What Step Comes Directly Prior to Public Comment in the Rulemaking

question 3

Multiple Choice

What step comes directly prior to public comment in the rulemaking process?

• A) judicial challenges
• B) proposed rule publication
• C) public comment
• D) enabling statute

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Definitions:

Import

Goods or services that come into a country from abroad for sale.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a product and the actual price they do pay.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to market prices being higher.

Total Benefits

The complete set of advantages, monetary or otherwise, received from the consumption or use of a good or service.