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A man's computer is hacked and the individual responsible steals his identity, which makes it possible for the hacker to steal money from the man's bank account. The man is a victim of
Paradox Of Thrift
The economic theory that suggests individual savings can lead to a decrease in aggregate demand, thus hindering economic growth.
Thrifty
Showing care and consideration in managing resources and finances to avoid waste.
Deficit Reduction Legislation
Laws enacted to reduce the size of the budget deficit by increasing revenue or decreasing government spending.
Excise Tax
A tax levied on certain goods, services, or transactions, often with the aim of reducing consumption of the taxed items.
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