How has hyperinflation affected the crude oil market

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Reference no: EM133469421

Questions:

  1. What has caused hyperinflation to occur in Venezuela in the last few years and why?
  2. Which industries or people have been affected by inflation the most and why?
  3. How has hyperinflation affected the crude oil market and people's budgets in Venezuela?
  4. As a macroeconomist, what policies could you implement or what advice can you give the Venezuela government to alleviate their hyperinflation problem now or in the future and why?

Reference no: EM133469421

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