History, 05.05.2020 07:44 Learsyguerra26
. The president of Venezuela announced that the country would be devaluating the bolivar for the fifth time in nine years. The official rate is falling from 4.3 bolivars to the dollar, to 6.3, a 32% devaluation. By increasing the bolivar value of exports of oil to the US and other nations, the government hopes to alleviate a budget crisis caused by its increasing reliance on borrowing to meet spending obligations. In response to the announcement, the people of Venezuela lined up today to buy televisions, electronics, and airline tickets in order to protect themselves from projected price increases. By devaluating the bolivar, the president of Venezuela has followed the law of supply and demand. allowed the exchange rate to remain unchanged. increased the number of bolivars needed to buy one dollar. decreased the number of bolivars needed to buy one dollar.
Answers: 3
History, 20.06.2019 18:04
Which most directly contributed to napoleon‘s rise to power in france a. he was a brilliant military general. b. he was a skillful politician. c. he had the king assassinated. d. he inherited the throne from his father
Answers: 1
History, 21.06.2019 21:00
How did the phoenicians add to the goods available in their marketplaces?
Answers: 1
. The president of Venezuela announced that the country would be devaluating the bolivar for the fif...
Mathematics, 25.11.2021 06:40
Social Studies, 25.11.2021 06:40
Mathematics, 25.11.2021 06:40
English, 25.11.2021 06:40
World Languages, 25.11.2021 06:40
Mathematics, 25.11.2021 06:40
Mathematics, 25.11.2021 06:40
Geography, 25.11.2021 06:40