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The Length of Time Required to Develop an Administrative Rule

question 54

True/False

The length of time required to develop an administrative rule from a proposal to actual publication in the Federal Register grew from an average of fifteen months to an average of thirty-five to forty months during the 1970s and 1980s.


Definitions:

Profit

The financial gain or return derived from an investment, transaction, or operation after subtracting all costs, expenses, and taxes.

Utilization

The extent to which an entity (e.g., equipment, workforce) is being used efficiently to produce goods or services.

Efficiency

The ratio of the output produced to the input resources used in the production process, indicating the effectiveness of resource utilization.

Effective Capacity

The maximum output rate or service capacity an operation, process, or facility can be expected to achieve under normal conditions.

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