Identity Theft Would Be Less Likely If

question 8

Multiple Choice

Identity theft would be less likely if

• A)Social Security numbers were used less in the public sector.
• B)Social Security numbers became the sole form of identification.
• C)Social Security numbers were done away with.
• D)Social Security numbers were always used with an additional ID.

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Definitions:

Treasury Notes

Short- to medium-term debt obligations issued by a national government with fixed interest rates and maturities ranging from one to ten years.

Federal Reserve System

The central banking system of the United States, responsible for monetary policy, regulation of member banks, and ensuring stability of the financial system.

District Banks

Banks that are part of a larger Federal Reserve System in the United States, responsible for overseeing the monetary policy and banking regulations in their specific district.

Federal Reserve District Banks

The 12 regional banks in the Federal Reserve System which oversee and regulate banking institutions within specific geographic areas of the US.