Radio Frequency Identification (RFID) Is the Use of Microchips to Transmit

question 24

True/False

Radio frequency identification (RFID) is the use of microchips to transmit information about a device, product, or person to a RFID reader that is within range.

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Definitions:

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Troubled Asset Relief Program

A government program created to purchase toxic assets and equity from financial institutions to strengthen its financial sector during the 2008 financial crisis.

Great Recession

A significant decline in economic activity across the global economy lasting from late 2007 to mid-2009, considered the worst economic downturn since the Great Depression.

Financial Institutions

Organizations such as banks, credit unions, and insurance companies that provide financial services to consumers and businesses.