Which Statement About the MENA Would a Structuralist Most Likely

question 13

Multiple Choice

Which statement about the MENA would a structuralist most likely disagree with?

• A) Dubai's success rests on the exploitation of hundreds of thousands of poor Asians.
• B) The MENA has weak industrialization and great disparities of wealth.
• C) U.S. arms sellers and oil companies benefit from periodic outbreaks of war in the Middle East.
• D) Sovereign wealth funds are a potential threat to U.S. national security.

---

Definitions:

Utility Function

A mathematical representation of a consumer's preference, showing the level of satisfaction or happiness derived from consuming various bundles of goods and services.

Income Effect

The impact of income changes on an individual or economic level on the demand for various products or services.

Substitution Effect

The adjustment in how consumers spend due to differences in the prices between goods, leading to the substitution of one product for another.

Inferior Good

A type of good whose demand decreases when consumer income rises, unlike normal goods, which have a positive correlation with income.