1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lyrx [107]
2 years ago
6

The president of Venezuela announced that the country would be devaluating the bolivar for the fifth time in nine years. The off

icial rate is falling from 4.3 bolivar to the US dollar, to 6.3, a 32% devaluation. By increasing the bolivar value of exports of oil to the United States 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 to protect themselves from projected price increases
What has the president of Venezuela done by devaluating the bolivar?
A. allowed the exchange rate to be set by supply and demand
B. artificially increased the number of bolivars needed to buy one US dollar
C. artificially decreased the number of bolivars needed to buy one US dollar
D. allowed the exchange rate to remain unchanged for the near future
History
2 answers:
Nookie1986 [14]2 years ago
7 0
The president of Venezuela done by devaluating the bolivar by <span>artificially decreased the number of bolivars needed to buy one US dollar. SO the answer to your question would be letter C.  This is because she wants to devaluate the bolivar.</span>
Svetradugi [14.3K]2 years ago
6 0
The answer is B -artificially increased the number of bolivars needed to buy one US dollar
You might be interested in
Explain the consequences of government policy during Reconstruction on society from 1865 to 1877
Elden [556K]

Answer:

Explanation:

Reconstruction (1865-1877), the turbulent era following the Civil War, was the effort to ... Black people gained a voice in government for the first time in American history, ... while the second defined all persons born in the United States as national ... After northern voters rejected Johnson's policies in the congressional .

5 0
3 years ago
What were the children born on the mayflower named?​
Bas_tet [7]

Answer: Mayflower babies, probably

Explanation:

5 0
3 years ago
In your second post, respond to the argument of another student whose ideas are different from yours. Provide a counterargument
valkas [14]

Everyone has the different idea from one and other, and it is good to have different opinion about the things.

<h3>Why are the reason of clashes between the two people?</h3>

The reason of the clashes between the two people are the different set of minds, which people have. We all have different ideology and thinking in every situation and that is okay to have the different, there is not one right or wrong.

Thus, Everyone has the different idea from one and other,

For more details about clashes between the two people, click here:

brainly.com/question/2837579

#SPJ1

8 0
1 year ago
Read 2 more answers
Why would the cessation of the slave trade make such an impact on those slaving nations and colonies in the Americas? It would d
Daniel [21]
It would damage trade relations between the countries
4 0
3 years ago
Read 2 more answers
Explain the significance of Clarksville.
djyliett [7]
Clarksville, Tennessee was named after General George Rogers Clark he was the brother of William Clark who was a part of the Lewis and Clark Expedition.  <span />
7 0
3 years ago
Other questions:
  • · gangsterism· the eighteenth amendment· bootleggers· speakeasies all of these terms are associated with what era in american hi
    14·2 answers
  • From this excerpt you can infer that Douglass believes that African Americans
    8·1 answer
  • What does Paul mean by "to live is Christ"?
    8·1 answer
  • What did fruit merchants and u.s. foreign-policy makers have in common
    13·2 answers
  • What is the Bushido Code and how did it impact the samurai?
    6·1 answer
  • Into what four castes was Hindu society clearly divided?
    12·2 answers
  • Write a short summary of how World War I affected life on the home front
    14·1 answer
  • El arpon de hueso las caracteristicas que tuvo
    6·1 answer
  • Corn beans, and squash the three most important crops of the wampanoag- were also known as
    14·2 answers
  • What does the map suggest about challenges faced by Austria-Hungary
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!