Question

What are some of the macroeconomic challenges faced by Venezuelans? What are some of the macroeconomic...

What are some of the macroeconomic challenges faced by Venezuelans?

What are some of the macroeconomic measures used to evaluate Venezuela's economic health?

Do you see any connection between the recent U.S. immigration debate and the economic displacement of Venezuelans?

What macroeconomic or political policies would you enact if you were given a leadership role within the Venezuelan government?

Homework Answers

Answer #1

Venezuela faces huge macroeconomic challenge like rising hyperinflation and instability of its domestic currency which has led to invention of new crypto currency known as Bitcoin

The country also faces healthcare challenge due to soaring hunger, rising crimes and death rates, massive emigration nd shortages of food as well as unemployment  

The US immigration has mild effect on Venezuela bbecause of NAFTA deal which is more prominent in Mexico and Canada .

As leadership role in Venezuelan economy government must solve the issues by liftung US sanctions on Venezuelan market through consolidation and negotiations with IMf. The central banks and government must adopt contractionary monetary policy and contractionary expansionary policies. Also huge incentives to boost startups and businesses with tax rebates and higher jib creation will ease out health and societal issues.

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