Final answer:
The statement regarding the Painted Desert exhibit at the Panama-California Expo being about frontier and homestead life in New Mexico is true, reflecting the cultural displays common during early 20th-century expositions.
Step-by-step explanation:
The statement that the Panama-California Expo featured an exhibit called the Painted Desert which displayed frontier and homestead life in New Mexico is True. The Panama-California Exposition, which was held in San Diego in 1915-1916, showcased many aspects of American culture and history, including representations of life in the southwestern United States. However, the exhibits that featured indigenous peoples and cultures, historically, were not always presented in a culturally sensitive manner. This often led to a skewed representation, infused with the biases and paternalistic views of the era. In the case of the Painted Desert exhibit, it captured the environment and lifestyle of the region, which would have included aspects of frontier and homestead life in New Mexico.