Which of the Following Was NOT a Result of the Discovery

question 19

Multiple Choice

Which of the following was NOT a result of the discovery of large oil reserves in Mexico during the 1970s?

• A) These reserves allowed the government to embark upon substantial investment programs  in virtually all sectors of the Mexican economy.
• B) These reserves allowed Mexico to finance initiatives to reduce poverty and halt declining agricultural productivity.
• C) These reserves allowed the government to address, at least initially, some of the problems brought about by import substitution industrialization.
• D) These reserves resulted in Mexico becoming increasingly vulnerable to international economic fluctuations in the demand for and price of oil.
• E) These reserves increased the power of privileged interest groups in Mexico and their ability to influence government policy.

Understand concepts related to personal income, such as average vs. transitory income and the economic life cycle.

Understand the concepts of economic mobility and the factors influencing it in the United States.

Grasp the methodology behind setting and understanding the poverty line.

Describe the determination and implications of the poverty rate.

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Definitions:

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JMenuItem is a component of the Java Swing library used to implement items in a menu.

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JTextArea is a component in Java Swing that allows for the display and editing of a multi-line area of text.

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A type of object in programming that waits for and responds to events or signals, often used in event-driven programming.