That demand for the item might be inelastic elastic units if the price of the good dropped by 3% while the overall revenue increased.
What is revenue vs profit?Both offer a critical perspective on your company. Profit refers to total earnings after subtracting expenses from earnings, whereas revenue refers to income gained through core business. Sales, fee-based income, and property-based income are just a few of the several ways that money might come in.
What is revenue of a company?Revenue is the sum of money that a business receives in return for its products and services, or, in the other direction, the price that a client pays for just a business's products or services.
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In analyzing the pharmaceutical industry for a prospective business launch, nicole turco, a ph. D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is ___________.
In analyzing the pharmaceutical industry for a prospective business launch, Nicole Turco, a ph. D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is Low
This is further explained below.
What is the pharmaceutical industry?Generally, The pharmaceutical industry is responsible for the research, development, production, and marketing of drugs or pharmaceutical drugs that are intended for use as medications to be administered to patients in the hope of curing patients, vaccinating patients, or reducing the severity of their symptoms.
In conclusion, Nicole Turco, who holds a doctorate in pharmacology, came to the conclusion that the pharmaceutical industry was appealing after conducting research on the sector in preparation for the launch of a potential business.
She came to this conclusion after finding that the industry faces a low level of competition from substitute products.
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which skill is considered the cornerstone of effective communication?
Based on communication strategy, the skill that is considered the cornerstone of effective communication is known as "Listening."
This is because effective listening forms the foundation of effective communication.
With effective listening, a recipient or responder would make the proper reply or response to the sender.
Without proper listening, arguments may arise in the communication process, or difficulty in understanding may occur among parties to a specific communication process.
Hence, in this case, it is concluded that the correct answer is "Listening."
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You will have $ in 20 years if you set aside $2,000 at 8%. (Use the future value tables from Chapter 5.)
In 20 years you'll have $5,220.
2,000×0.08=160
2,000+(160×20)= 5,220.
The total interest will be $3200 (160X20) at an interest rate of 8%. You'll have $5,220 after 20 years.
What is the interest rate?The amount of interest due each period expressed as a percentage of the amount lent, saved, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The rate calculated over a year is the annual interest rate. However, they are typically annualized. Various interest rates are applicable over shorter time frames, such as a day or a month.
A key tool of monetary policy, interest rate goals are taken into consideration when addressing issues like investment, inflation, and unemployment. When a nation wants to boost consumption and investment in the economy, its central bank typically lowers interest rates.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Christian wants to transfer as much as possible to his four adult married children (including spouses) and eight minor grandchildren without using any unified transfer tax credit.
A. What amount should Christian transfer to accomplish his tax goal without using any unified transfer tax credit? _________
B. What if Christian's wife, Mia, joins in the gifts? They can gift _________ without using any unified transfer tax credit.
C. Express your computations for parts (a) and (b) as a Microsoft Excel formula.
A. The amount of total transfer of $180,000 without using any unified transfer tax credit.
B. the total transfer of $360,000 without using any unified transfer tax credit.
C. a. =SUM(4*(15,000)+8*(15,000)) : b. =SUM(4*(30,000)+8*(30,000))
A. In order to transfer as much as possible without using any unified transfer tax credit, Christian can utilize the annual exclusion amount for gifts.
Currently, the annual exclusion amount is $15,000 per recipient. Therefore, Christian can transfer $15,000 to each of his adult married children and their spouses, totaling $60,000. He can also transfer $15,000 to each of his eight minor grandchildren, totaling $120,000. This results in a total transfer of $180,000 without using any unified transfer tax credit.
B. If Christian's wife, Mia, joins in the gifts, they can gift a total of $30,000 per recipient without using any unified transfer tax credit.
Therefore, Christian and Mia can transfer $30,000 to each of their adult married children and their spouses, totaling $120,000. They can also transfer $30,000 to each of their eight minor grandchildren, totaling $240,000. This results in a total transfer of $360,000 without using any unified transfer tax credit.
C. The Microsoft Excel formulas for parts (a) and (b) are as follows:
a. =SUM(4*(15,000)+8*(15,000))
b. =SUM(4*(30,000)+8*(30,000))
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What can you think of that has significantly increased in price during your lifetime?
Answer:
Phones, Gas, and Fresh Food
Explanation:
I think the increase in the prices of these things is thanks to:
Phones: More advanced technology, but it's harder to obtain the materials needed
Gas: Foreign oil is becoming more expensive as other countries capitalize the industry
Fresh Food: Food that is produced in factories is cheaper, and less and less people are farmers. Also, farming is difficult, and producing good crops for millions of people is difficult.
you hurt your back at work by falling of a ladder and are out of work for a month
Answer:
Uh, of course I'm not at work! I brutally broke my back. Ouch.
.....................................hi
Answer:
Hi!! I hope you are great. Thanks for the pts...
Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
Write short notes on-:
a)Micro enterprises
b)cottage industry
Answer:
cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility
Explanation:
When an employee restates a supervisor's comment, using the employee's own words, what is the employee doing?
conciseness
paraphrasing
inappropriate slang
focused attention?
Answer:
b
Explanation:
When an employee restates a supervisor's comment, using the employee's own words, the employee is paraphrasing. Thus, option 'B' is the correct option.
What is paraphrasing?A paraphrase is a restatement of a text or passage's meaning using other terms. The word itself is taken from the Ancient Greek phrase "additional style of expressing" via Latin paraphrasis. Paraphrasis is another name for the process of paraphrasing. Paraphrasing as a specialized educational activity dates back to at least Roman times, when the author Quintilian suggested it for pupils to enhance language agility, despite the fact that paraphrases were probably common in oral traditions.
This tradition persisted in the Middle Ages when writers like Geoffrey of Vinsauf created classroom exercises that involved using rhetorical devices and paraphrasing to create poems and speeches. It appears that students are no longer required to practice paraphrasing as a separate skill.
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Employees are most likely to change a job because of: the drive to work took too long.
the benefits package was not very good. PreviousNext
People are more likely to switch employment when they grow unsatisfied with the administration and the staff's poor leadership.
If someone works for an employer or PCB or provides information as part of their duties, they are considered to be employees. They are employed to perform certain tasks that are combined with work. A person is regarded as an employee if they are routinely hired by a firm to perform services for the company in exchange for remuneration and if those services are not being performed as a part of an independent business. Independent businessperson General categorization is covered in this section. See independent contractor for other usage (disambiguation). businesses, particularly those engaged in the gig economy.
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In capitalism, what is the motive for producing goods and services?
Instead of providing services and goods to meet consumer demand, capitalism would seek to make a profit.
What is the key strength behind capitalism?
In a common understanding of capitalism, demand and supply freely decide market prices in such a way that is actually most beneficial to society and individual actors own it and manage property according to individual interests. The essential quality of capitalism is the desire to earn a profit. Instead of central planning, also known as planned economy, the production of goods and services is determined by demand and supply in a market economy, — often referred as a capitalist system. Many people think of capitalism as an economic system in which free markets allow demand and supply to freely determine prices in a way that best serves society.
Individual actors own and control property according to their interests. The essential quality of capitalism is the ambition to turn a profit.
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with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than the socially optimal quantity.
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
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Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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An investment made 10 years ago is worth $100,000. if the annual return over these 10 years was 7.20%, then the original investment amount was:
The original investment amount was $ 68.56 then annual return on investment is 10 years was 7.20% interest.
What is investment?
Investment definition is assets invested in to build wealth and save money on bank, property and projects for specific time period of money.
PV is a present value, FV is a future value, i is interest, n is number of period
PV= FV/ (1 + i) n
PV= 1, 00,000 / (1+7.20%) 10
PV =68.5650014087
As a result, the original amount of investment is 68. 56
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Mark Adler earned $1,963. 71 salary per month as an assistant technician at a recording studio. His new job pays $9. 80 per hour with time and a half for all hours over 40 hours per week. How many hours of overtime per week will he have to work to earn the same amount per week at his current job?
To earn the same amount per week at his current job, Mark Adler needs to make $1,963.71 / 4 = $490.93 per week.
Let's first calculate Mark's regular hourly rate at his new job:
$9.80 per hour x 40 hours = $392.00 per week
To earn the remaining amount he needs, Mark must work overtime at a rate of time and a half:
$490.93 - $392.00 = $98.93 per week
$98.93 / 1.5 = $65.95 per week
Mark needs to earn an additional $65.95 per week through overtime.
Since Mark's regular hourly rate is $9.80 per hour, his overtime rate would be $9.80 x 1.5 = $14.70 per hour.
Thus, Mark needs to work overtime for $65.95 / $14.70 per hour = 4.49 hours per week, which we can round up to 5 hours per week. Therefore, he needs to work 5 hours of overtime per week to earn the same amount at his new job as he did at his old job
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Explain how a discount toy store would acquire products, set prices, and handle a decrease in interest with a particular toy that the store
presently has a huge supply of. Explain how they would know interest has declined. Is it really that big of a problem to have a huge supply of the product?
A discount toy store can acquire products through various channels such as wholesale suppliers, manufacturers, distributors, and even online marketplaces. In the case of a decrease in interest in a particular toy, the store can monitor sales data to determine if there has been a decline in demand.
They can negotiate for lower prices with the suppliers to keep the cost of goods low. The store can also rely on customer feedback and market trends to decide on which products to stock. Once they have acquired the products, they can set prices based on the cost of goods, competition, and demand.
In the case of a decrease in interest in a particular toy, the store can monitor sales data to determine if there has been a decline in demand. They can also conduct surveys or use social media to gather feedback from customers. If they find that interest has declined, they can reduce the price of the toy to clear inventory or offer promotions such as buy-one-get-one-free deals to increase sales.
Having a huge supply of a particular product can be a problem for the store as it ties up their capital and storage space. It also increases the risk of the product becoming obsolete or outdated, which can result in losses. Therefore, it is important for the store to manage their inventory effectively by monitoring sales and adjusting their pricing strategy accordingly.
The store can also consider donating excess inventory to charity or selling it to liquidators to recoup some of their costs. In summary, a discount toy store can acquire products at low prices, set competitive prices based on demand and competition, and handle inventory by monitoring sales and adjusting prices as necessary.
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What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last
With regard to evacuation what one has to be aware of would be
evacuation planshow long the emergencies will lastWhat is meant by evacuation?This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.
Hence we can say that With regard to evacuation what one has to be aware of would be
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a consol (perpetuity) will start paying $25 at the end of 7 years. what is the value of the consol today if the discount rate is 8%?
At a discount rate of 8%, the value of the consol today is $181.93.
To calculate the value of the consol today, you need to find the present value of the perpetuity payments that start after 7 years, using the given discount rate of 8%.
Step 1: Calculate the perpetuity value.
Perpetuity value (PV) = Annual payment / Discount rate
PV = $25 / 0.08
PV = $312.50
Step 2: Find the present value of the consol.
Present value (PV) = Perpetuity value / (1 + Discount rate) ^ Number of years until payments start
PV = $312.50 / (1 + 0.08) ^ 7
PV = $312.50 / (1.08 ^ 7)
PV = $312.50 / 1.71818617
PV ≈ $181.93
The value of the consol today, with a discount rate of 8%, is approximately $181.93.
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Regarding performance, ________ sources of information include complaints or issues raised by employees, existing performance metrics or reports, financial reports, and quality reports, while ________ sources of information include VOC (Voice of the Customer) tools.
An internal sources is one that include complaints or issues raised by employees while an external sources is one that includes VOC (Voice of the Customer) tools.
What is an internal sources?This refers to information that comes from outgoing mails, memos, notices, circulars, bulletins and manuals.
What is an external sources?This refers to information from source other than the Internal Sources such as information from licensed or subscription-based websites.
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Rashid wants to try his luck at high-risk investments for good returns. However, he is worried that he may wind up losing money in the process. Which investment would be a best bet for Rashid?
A. mutual funds
B. stocks
C. money market account
D. certificates of deposit
E. saving account
Answer:
Explanation:
a. mutual funds for high risk n good returns
Answer:
Explanation:
The best bet as compromise between high-risk and good returns will be an investment in A. mutual funds.
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
If the annual percentage rate (APR) is 10% and the compounding period is weekly, what is the effective annual rate (EAR)? Enter your answer as a percentage. Do not include the percentage sign in your answer.
Enter your response below (rounded to 2 decimal places).
The effective annual rate (EAR) with a 10% APR and weekly compounding is approximately 10.47%.
To calculate the effective annual rate (EAR) from the annual percentage rate (APR) with weekly compounding, we can use the following formula:
EAR = (1 + (APR / n))^n - 1
where APR is the annual percentage rate and n is the number of compounding periods per year.
In this case, the APR is 10% and the compounding period is weekly, which means there are 52 compounding periods in a year (since there are 52 weeks in a year).
Plugging the values into the formula, we get:
EAR = (1 + (0.10 / 52))^52 - 1
Calculating this expression, we find:
EAR ≈ 10.47%
Therefore, the effective annual rate (EAR) with a 10% APR and weekly compounding is approximately 10.47%.
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short-term price reductions that can be used to retaliate against a competitor's actions like introducing a new product are called . multiple choice question.
Short-term price reductions that can be used to retaliate against a competitor's actions, like introducing a new product, are called price wars.
1. Identify the situation: When a competitor introduces a new product or service in the market, companies may feel the need to respond in order to maintain their market share and prevent losing customers.
2. Response strategy: One strategy that companies can use is engaging in a price war, which involves reducing their prices temporarily to attract customers and undermine the competitor's new product launch.
3. Execution of the strategy: Companies participating in a price war will lower their prices, usually for a short period, in an attempt to make their product more attractive to consumers than the competitor's new offering. This can lead to an ongoing back-and-forth between competitors as they continue to adjust their prices in response to each other's actions.
4. Outcome: Price wars can lead to benefits for consumers, as they are able to take advantage of lower prices during the period of competition. However, they can also have negative consequences for the companies involved, as sustained price wars can erode profit margins and damage brand value.
In summary, short-term price reductions used to retaliate against a competitor's actions, such as introducing a new product, are known as price wars. These involve temporary price reductions in an effort to attract customers and undermine the competitor's product launch, and can have both positive and negative consequences for the companies involved.
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Individual retirement accounts (IRAs) were established by the U.S. government to encourage saving. An individual who deposits part of current earnings in an IRA does not have to pay income taxes on the earnings deposited, nor are any income taxes charged on the interest earned by the funds in the IRA. However, when the funds are withdrawn from the IRA, the full amount withdrawn is treated as income and is taxed at the individual’s current income tax rate.
In contrast, an individual depositing in a non-IRA account has to pay income taxes on the funds deposited and on interest earned in each year but does not have to pay taxes on withdrawals from the account. Another feature of IRAs that is different from a standard savings account is that funds deposited in an IRA cannot be withdrawn prior to retirement, except upon payment of a substantial penalty.
a. Sarah, who is five years from retirement, receives a $10,000 bonus at work. She is trying to decide whether to save this extra income in an IRA account or in a regular savings account. Both accounts earn 5 percent nominal interest, and Sarah is in the 30 percent tax bracket in every year (including her retirement year).
Compare the amounts that Sarah will have in five years under each of the two saving strategies, net of all taxes. Is the IRA a good deal for Sarah?
Instructions: Enter your responses rounded to the nearest dollar. If Sarah invests in the IRA, her net value (after taxes) five years from now will be: $ If Sarah Invests in the normal savings account, her net value (after taxes) five years from now will be: $ Sarah will be better off if she Invests in the Click to select b. Would you expect the availability of IRAs to Increase the amount that households save In light of (1) the response of saving to changes in the real Interest rate? (Click to select) (2) psychological theories of saving: (Click to select)
a. To compare the net values of saving in an IRA account versus a regular savings account, we need to consider the tax implications.
If Sarah saves the $10,000 bonus in an IRA account, she will not pay taxes on the earnings deposited or on the interest earned until she withdraws the funds at retirement. Therefore, the full $10,000 can be invested, and it will grow at an annual interest rate of 5 percent.
On the other hand, if Sarah saves the $10,000 in a regular savings account, she needs to pay taxes on the funds deposited and on the interest earned each year. Since Sarah is in the 30 percent tax bracket, only $7,000 ($10,000 - 30% tax) will be invested initially. The interest earned on this amount will also be subject to taxes each year.
Calculating the net values after five years:
IRA Account:
Principal amount invested: $10,000
Annual interest rate: 5%
Tax rate: 0% (no taxes paid until withdrawal)
Net value after 5 years: $12,762 (rounded)
Regular Savings Account:
Principal amount invested: $7,000
Annual interest rate: 5%
Tax rate: 30% (taxes paid on interest each year)
Net value after 5 years: $10,862 (rounded)
Based on these calculations, Sarah will be better off if she invests in the IRA account, as it will provide a higher net value after five years.
b. Yes, the availability of IRAs would be expected to increase the amount that households save. This is due to the following reasons:
(1) Response to changes in the real interest rate: When real interest rates are high, individuals are more motivated to save and earn a return on their savings. By offering tax advantages and potentially higher returns, IRAs incentivize individuals to save more, even when interest rates are relatively low.
(2) Psychological theories of saving: IRAs leverage psychological theories such as framing and mental accounting. The tax advantages associated with IRAs create a perception of increased wealth and a sense of dedicated savings for retirement. This psychological aspect encourages individuals to save more and take advantage of the tax benefits provided by IRAs.
Overall, the availability of IRAs provides financial incentives and psychological encouragement for individuals to save more, leading to an increase in the amount of household savings.
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Inside Auto, an automobile parts manufacturer, is headquartered in South Carolina. The firm is shifting its operations from South Carolina to India due to lower labor costs and the availability of required skills in India. This scenario indicates that Inside Auto is engaging in the practice of
This scenario indicates that Inside Auto is engaging in the practice of Outsourcing and offshoring.
What is Outsourcing?
This refers to the practice of getting cheap labor from other places where there are high poverty rates but also good technical skills.
Hence, we can note that because Inside Auto is shifting its operations from South Carolina to India with the aim of getting lower labor costs, then this is an example of outsourcing and offshoring.
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what is the formula for activity ratio
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Explanation:
Please mark me brainliest
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
What position would be the highest in a company's hierarchy?
A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant
Answer: D. Finance administrative assistant
Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job
which is more harmful to the victim? group of answer choices both a and b are about equally harmful identity theft credit card number theft
The Correct option is A, Identity theft is more harmful to the victim.
Identity theft is a type of fraud that involves stealing an individual’s personal information like their name, address, Social Security number, credit card details, etc. for the purpose of stealing money or taking out loans in their name. It’s a form of financial crime that can have devastating consequences for the victim, from financial losses to ruined credit, and it can take a long time to recover from.
Identity theft takes place in a variety of ways, from dumpster diving to phishing emails, or even someone gaining physical access to an individual’s wallet or other personal information. In many cases, victims don’t even know they have been a victim of identity theft until it’s too late. It’s important to always be vigilant and protect your personal information to help minimize the risks of identity theft.
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Complete Question: -
Which is more harmful to the victim?
A) identity theft
B) credit card number theft
C) both A and B are equally harmful