When Thieves Use Your Name and Good Credit Rating to Get

question 87

Multiple Choice

When thieves use your name and good credit rating to get cash or buy things,it is known as _____.

• A)personal data theft
• B)credit mishandling
• C)credit exploitation
• D)identity theft
• E)misuse of standing

---

Definitions:

Behavioral Economics

An area within economics that investigates the influence of emotional, psychological, cognitive, social, and cultural elements on the economic decision-making of both individuals and institutions.

Tax Burden

The financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Economically Rational

Decision-making based on the principle of maximizing benefits while minimizing costs and resources.

Myopia

Refers to the difficulty human beings have with conceptualizing the more distant future. Leads to decisions that overly favor present and near-term options at the expense of more distant future possibilities.