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ell the story of Venezuela of inflation/hyperinflation. Be sure to explain it's cause and effect. If it has ended, then explain how it ended. If
ell the story of Venezuela of inflation/hyperinflation. Be sure to explain it's cause and effect. If it has ended, then explain how it ended. If it hasn't ended, explain where the situation is currently. Tell about the inflation figures and give examples of what that means. Be sure to mention the macroeconomic elements that led to such inflationary figures - global events, national decision-making, monetary issues, other economic instability. Take some time to focus on the microeconomic effect that this inflation caused. How were households impacted? How did inflation affect this society as a whole? How did this affect workers? How did this affect particular demographics of people differently? How did this affect investments? How did this affect businesses? Were there other negative consequences of this inflation? In sum, what were the effects of inflation upon households and businesses? If your example is from history, then what were the microeconomic signs that ended this inflation? If your example is from present-day, are microeconomic signs pointing to an end for this inflation or is it getting worse
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