The Fair and Accurate Credit Transactions Act Permits Consumers to Place

question 5

True/False

The Fair and Accurate Credit Transactions Act permits consumers to place fraud alerts on their credit files.

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Definitions:

Economically Efficient

Economically efficient refers to a situation where resources are allocated in a way that maximizes the net benefits to society or minimizes waste.

Pollution

The introduction of contaminants into the natural environment causing adverse change, often a byproduct of human activity.

Polluters

Entities, typically businesses or industries, responsible for releasing pollutants or contaminants into the environment.

Externalities

Economic side effects or consequences of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved.