Question

percentage of total government revenue from oil, 1967-1990
year | percentage
1967 | 18.26%
1971 | 25.99%
1975 | 80.81%
1979 | 66.30%
1983 | 67.00%
1987 | 75.80%
1990 | 97.24%
based on the chart, what would most likely happen if the demand for oil decreased after 1990?
○ the government would go bankrupt.
○ government revenue would decline.
○ the government would seek foreign loans.
○ government revenue would double.

Explanation:

The table shows that by 1990, 97.24% of the government's total revenue comes from oil, meaning the government is heavily dependent on oil revenue. A decrease in oil demand would lower oil-related income, which makes up nearly all of its revenue. Bankruptcy is an extreme and unlikely immediate outcome, seeking foreign loans is a possible later action but not the most direct immediate result, and revenue doubling is the opposite of what would occur.

Answer:

Government revenue would decline.