The Following Figures Show the Demand (D) and Supply (S)

question 16

True/False

The following figures show the demand (D) and supply (S) curves of micro and macro economists.Figure 16.6

-Getting the work done by some other firm at lower costs, when the firm is situated in some other country, is called outsourcing.

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Definitions:

Fair and Accurate Credit Transactions Act

A federal law enacted to enhance consumer protection against identity theft and to improve the accuracy of consumer records.

Identity Theft

The fraudulent acquisition and use of a person's private identifying information, usually for financial gain.

Credit Reporting

The process by which companies called credit bureaus collect, maintain, and provide information about an individual's or company's credit history.

Consumer Product Safety Act

A federal law aimed at protecting consumers from unsafe products, establishing guidelines and standards for product manufacture and sale.