Venezuelans started buying items immediately because of their fear of

Posted By Admin @ September 03, 2022


Venezuelans started buying items immediately because of their fear of

rising inflation.
price deflation.
declining inflation.
increased imports.



Venezuelans started buying items immediately because of their fear of  rising inflation.


The economy of Venezuela, since the beginning of the Bolivarian Revolution led by Hugo Chavez, has started a process of economic stagnation and inflation, characterized by a high level of public deficit and monetary issue, which has generated increasing levels of inflation.

Thus, by year 2010, Venezuela had an approximate annual inflation of 50%, which rose to the percentage of 100% in 2015. Only 2 years later, that percentage was 1,370%. As of today, estimates speak of 10,000% annually.

This situation, added to the lack of updating of wages and the daily changes in prices of basic goods, means that Venezuelans have changed their consumption habits and tend to make preventive and hoarding purchases.

Similar Questions

  1. When you buy in bulk the price per individual item
  2. Suppose the lengths of human pregnancies are normally distributed with
  3. Use devices that comply with standards to reduce energy consumption
  4. How do crosscutting concepts help unite the study of biology
  5. Which of the following statements about genes is not correct
  6. What activities will you need to complete after orientation nsls
  7. A simple harmonic oscillator consists of a block of mass
  8. What does jonathan get in exchange for the rebel money
  9. How many tortillas does the average person in mexico consume
  10. A token economy represents an application of the principles of
  11. What is the formula for the volume of a prism
  12. The spoils system allocated political appointments on the basis of
  13. How can you represent a proportional relationship using an equation
  14. Which of the following statements about open clusters is true
  15. The magnitude of the electric field at point c is
  16. What are the most common carriers of viruses and bacteria
  17. Name at least three physical properties of the bowling ball.
  18. Which of the following is the best definition of probability
  19. What are the advantages of cloud computing over computing on-premises
  20. What was william shakespeare's initial motive for becoming an actor
  21. A linear equation determines a line in the xy plane
  22. All drugs are medicines but not all medicines are drugs
  23. The planet we call earth has how many main layers
  24. The rio treaty of 1947 was a defense agreement between
  25. What phase do cells spend most of their time in
  26. What is the point of the first scene in macbeth
  27. Darcy is in the market to buy a new car
  28. What is duplicate coverage and why should you avoid it
  29. A high interest savings account pays 5.5 interest compounded annually
  30. All of the chemical reactions that occur within an organism
  31. In the absence of air resistance objects fall at constant
  32. What ions are present in an aqueous solution of nicl2
  33. What is the difference between active transport and facilitated diffusion
  34. Which type of cell contains dna enclosed in a nucleus
  35. Storms that form in the tropics are given names when
  36. Which type of speech is most likely to employ idealism
  37. Which of these best describes the primary goal of meiosis
  38. Which element's atoms have the greatest average number of neutrons
  39. Entropy can only be decreased in a system if .
  40. Why are cells called the building blocks of an organism
  41. What kind of music is scott joplin famous for composing
  42. Which of the following best describes nativists views on chinatowns
  43. The harlem renaissance helped bridge cultural divides between which groups
  44. Increased pressure in the ventricles would close what valve s
  45. How to change from standard form to slope intercept form
  46. A transform boundary occurs where plates slide against each other
  47. Wellness is a daily struggle that is influenced by __________.
  48. The statement of cash flows explains changes in a firm's
  49. If the moon were closer to earth high tides would
  50. How did the renaissance contribute to the age of exploration
  51. A line about which a figure is symmetric is the
  52. A person who scores high on extraversion would most likely:
  53. Garfield corporation is considering building a new plant in canada
  54. Which expressions are perfect square trinomials check all that apply
  55. How to find instantaneous velocity on a position time graph
  56. Identify the three main parts of a professional cover letter
  57. What are the solutions to the equation 2x-5 3x-1 0
  58. Which statement best describes the significance of the magna carta
  59. The four most common elements in the human body are
  60. Which of the following is the best definition of antigen
  61. Which comes first in the traditional order of an essay
  62. How to find how many atoms are in an element
  63. Analyze how the authors structured this part of the constitution
  64. Why is it important to conserve the biodiversity of earth
  65. Which is one difference between maori and haida creation myths
  66. Who was the commander of the army of northern virginia
  67. How to create a scenario pivot table report in excel
  68. A balanced chemical equation is a direct presentation of the
  69. Which of the following food does not support bacteria growth
  70. Where is dense connective tissue found on a long bone
  71. The process that merges the gametes from two parents is
  72. How do you write the standard form of an equation
  73. Which of the following is not a characteristic of enzymes
  74. What mountain range runs the full length of south america
  75. Find the critical value that corresponds to a confidence level

How to calculate the average atomic mass of an isotope

To calculate the atomic mass of an element, the atomic masses of their isotopes must be considered. Their abundances must also be taken into account. …

What's the difference between a line and a line segment

Answer:A line segment has two endpoints. It contains these endpoints and all the points of the line between them. ... A ray is a part …

What do elves wear on the tips of their shoes

The answer is little bells.Christmas elves wear soft shoes with pointed, curled up tips. Typically, small golden bells can be found on the tip of …

Totem poles are an artifact of which american indian region

"The answer is C. Northwest. Symbolizing cultural heritage, the totem pole is used in a variety of ways. Carved from wood, these totem poles symbolize …

The majority of those who smoke would like to quit

True- because they realize the health risk, and how much it effects them

How to turn a mixed number into a improper fraction

Answer: = = Step-by-step explanation:To convert a mixed number to an improper fraction all you need to do is......Multiply the denominator of the fraction (3), …

Measuring spoons are used when measuring less than how much

Measuring spoons are used when measuring less than 1/4 cup

What is the difference between a pond and a lake

Answer: I think the answer is A.Explanation:Ponds and lakes are both inland bodies of freshwater that contain living creatures. Lakes are normally much deeper than …

Human sweat is the direct result of which life functions

Human sweat is the direct result of a life function called waste disposal and waste management. in this fucntion, the waste disposal is done in …

Which four states had the highest unemployment rate in 1934

The four states with the highest unemployment rate in 1934 are South Dakota, Idaho, Oklahoma and New Mexico.

Why was dwight d eisenhower an important general during wwii

OPTION (c) He became supreme commander of all Allied troops in Europe.During World War II, he served as Supreme Commander of the Allied Expeditionary Force …

What is the greatest common factor of 16 and 8

The greatest common factor of 8 and 16 is 8.Given that, The two numbers is 8 and 6.We have to find the greatest common factor.Based …

Following the storming of the bastille the national constituent assembly

Following the storming of the Bastille, Option C is correct that the National assembly replaced the French monarchy with a democratic system similar to that …

A man standing at the north pole would be at

A man standing at the North Pole would be at ______.A. 0 Latitude B. 180 north latitude C. The 180 meridianD. The equatorThe answer is …