Which of the following is NOT an example of a way that the government interferes
ID: 1124266 • Letter: W
Question
Which of the following is NOT an example of a way that the government interferes in the economy?
The government requires everyone to get an elementary and high school education.
Local governments impose building codes on newly constructed office buildings or factories.
The government sets laws and rules for how mortgages are issued.
The government tells Intel what kind of microprocessor chips to make.
Which of the following is a recent trend observed in retirement plans in the United States?
Participation in retirement plans is declining as workers begin to rely more on Social Security.
Many companies have been switching from defined benefit plans to defined contribution plans.
More Americans are opting out of Social Security because of the low rates of return compared to private alternatives.
More employer retirement plans are beginning to switch from defined contribution plans to defined benefit plans.
Explanation / Answer
1. Option 4: The government tells Intel what kind of microprocessor chips to make.
Explanation: The government does not tell Intel to produce any particular type of microprocessor. Production of the microprocessor is done at the sole discretion of the management and board of the company.
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