Question
2pages report of 2019Venezuela's : 1- Find the GDP and its Components: 2019's real GDP of Venezuela. Discuss how that reflects on the standard of
2pages report of 2019Venezuela's :
1- Find theGDP and its Components:2019's real GDP of Venezuela. Discuss how that reflects on the standard of living of the citizens of Venezuela. Compute and report consumption, investment, government purchases, exports, imports, and net exports. Explain whether Venezuela has a trade surplus or a trade deficit.(in terms of the money, not a percentage)
2- Calculate thePrices and Inflation:Calculate the current inflation rate of 2019 Venezuela. Is inflation currently a major concern for Venezuela?Report on the CPI (or the GDP deflator) of Venezuela and interpret the results.
3-Labor Market:How does this compare to unemployment in the previous year? What are the major causes of unemployment in Venezuela. are some groups of people more affected by unemployment than others? Also, report the breakdown of the adult population for 2019 for which the numbers are available.
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