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:

User Cost

The cost of using a durable good or capital, considering factors like depreciation and the opportunity cost of not investing the funds elsewhere.

Extraction Cost

The expenses associated with removing natural resources from the earth or sea, including labor, equipment, and regulatory compliance costs.

Property Rights

The legal rights to use, control, and benefit from resources, assets, or property.

Conservation

The sustainable management and use of natural resources to prevent depletion and harm to the environment.