By devaluing the Bolivar, the president of Venezuela has artificially decreased the value of the national currency.
What this does it make it more expensive to buy US dollars. In the last 2-3 years, there has been a flight of billion of US dollars out of Venezuela due to the economic disaster looming in the country.
By making it more expensive to buy US Dollars, the President of Venezuela is hoping to decrease the flight of money from the country and protect local reserves.
To what extent this actually works, we will have to see. In many developed countries or countries with a healthy economy, such a strategy might work. However, in the case of Venezuela, the economy is so bad, that even the devaluation of the Bolivar might not help solve much.
Answer:
θ = Tan^-1(456 / 2640)
Explanation:
Distance between Isabella and base of the roller coaster = 2640 = opposite
Height = 456 = adjacent
Using Pythagoras,
The angle of elevation could be obtained taking the appropriate cosine, tangent or Sine of the ratio of the two. Sides Given.
Using the appropriate rule :
Tan θ = opposite / Adjacent
Hence,
Tan θ = 456 / 2640
Where, θ = angle of elevation
θ = Tan^-1(456 / 2640)
<span>When analyzing the shipbuilding percentages of each colony, it is found that the southern and northern were both the same in terms of their shipbuilding outputs. This occurred due to the specific resources available to these two regions, especially in relation to the middle colonies.</span>
Answer:
On 23 November, the 2nd and 4th Battalions of the 503rd were ordered to renew their assault while the 1/12th Infantry assaulted 875 from the south. ... The battle of Hill 875 had cost 2/503rd 87 killed, 130 wounded, and three missing. 4/503rd suffered 28 killed 123 wounded, and four missing.
We Cant Exactly Write an essay for you but T<span>hink about Machiavelli’s ideas on political leadership. Is he right? Is he wrong? Should we expect our political leaders to always be virtuous as well as effective? Which is more important in a leader, virtue or effectiveness? Why? Write an essay explaining your answers to these questions. </span>
<span>Read and decide if he is right or wrong. Take point form notes to prove your point.
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Hope it Helps Daniella!