Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. do you agree with the statement below? why or why

Do you agree with the statement below? Why or why not? “Given the inflation in Venezuela...

50.1K

Verified Solution

Question

Finance

Do you agree with the statement below? Why or why not?

“Given the inflation in Venezuela was well above 10,000% in2017, Venezuela should adopt a cryptocurrency such as Bitcoin as anational currency?”

Answer & Explanation Solved by verified expert
3.7 Ratings (525 Votes)
Venezuela also launch their Cryptocurrency petro which is partialy backed by oil gold and diamond but the question is that can cryptocurrency like bitcoin and petro can be the national currency In last    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. Where do the typical IR absorption come for the following functional groups.             Alcohol             Alkyl             Alkene             Alkyne             Aromatics             Carboxylic acids 2. Where do the...

Chemistry
Q

Fixed and variable costs for four potential plant locations are shown below: Location Fixed Cost Variable Cost per Year per Unit A $200,000 $18 B $120,000 $25 C $150,000 $20 D $250,000 $18 not...

General Management
Q

Determine whether each set of vectors is linearly dependent or linearly independent. a) (1,1,0,1), (1,0,1,1), (0,1,1,1) b) (1,0,1,0),...

Advance Math
Q

3 2 A particle of mass m moving with a velocity v a wall at...

Physics
Q

In the regular nonagon shown what is the measure of angle x O 36 O...

Geometry
Q

What is (Y?X)c where X = {11, 14, 67, 5, 36,99), Y = (54, 11,...

Basic Math
Q

Determine the totals to be reported for this business combination for the...

Accounting
Q

Electro Company manufactures transmissions for electric cars. Management reports ending finished...

Accounting
Q

X Company is considering buying a part next year that it currently makes. The budgeted...

Accounting
Q

Problem 6 Ratios (15 points. 1 points) or "S" stay the same. Place an "I",...

Accounting
Q

Which of the following best describes the core-plus bond management? ...

Finance
Q

2. Southern Rim Parts estimates its manufacturing overhead to be $360,500 and its direct labor...

Accounting