Hyperinflation in Venezuela

Who is the current president of Venezuela?

• Nicolas Cage

• Nicolas Maduro

• Dwayne Johnson

• Eren Yeager

What is rough shape of Venezuela?

• Square

• Oval

• Triangle

• Ellipsoid

What is the minimum monthly wage in 2021?

• $4.50

• $2.80

• $1.50

• $3.46

Which continent does Venezuela belong in ?

• Africa

• North America

• Asia

• South America

In which year did Venezuela exit from Hyperinflation?

• 2018

• 2019

• 2020

• 2021

What are the impacts of Hyperinflation in Venezuela on the society?

• Shortage of Food

• increase the purchase power

• Increase death rates

• Increase the standard of living

what is the factor of hyperinflation in venezuela?

• Value of Bolivar decreasing

• President election

• population of Venezuela is decreasing

• Covid-19 pandemic

What are the unemployment rate estimated at the end of 2019 in Venezuela?

• 18.1 %

• 7.3 %

• 40 %

• 35 %

• 60 %

what would impact when the Central Bank of Venezuela (BCV) increases the required reserve ratio?

• interest rate will decrease

• reducing money supply in circulation

• bank can serve more loan to the public

• aggregate demand will increase

which of the following policies is likely not helpful in reducing the hyperinflation rate?

• increase the interest rate

• high amount of required reserve ratio

• imposing the higher indirect tax

• introducing the new bank note