Scams Where People Receive Fraudulent Emails That Ask Them to Supply

question 8

Multiple Choice

Scams where people receive fraudulent emails that ask them to supply account information are called ________.

• A) spam
• B) phishing
• C) junk mail
• D) fraud

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Definitions:

Legal Tender

The government-mandated currency that must be accepted as payment for debts.

Ruble

The official currency of Russia, symbolizing the country's economic activity.

Open-Market Operations

The buying and selling of government securities by a central bank to control the money supply and interest rates.

Federal Reserve

The primary banking authority in the United States, tasked with overseeing monetary policy, managing bank regulation, and maintaining financial system stability.