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Venezuela is in crisis. Government mismanagement has driven up inflation to 160.0% per year (true number is even worse!). Nominal salaries are only increasing at

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Venezuela is in crisis. Government mismanagement has driven up inflation to 160.0% per year (true number is even worse!). Nominal salaries are only increasing at 35.0% per year. The average Venezuelan worker earned US$1000 in 2019. What is the real growth rate of salaries in Venezuela? % (2 decimals) What will be the purchasing power of the average salary in the year 2022 when measured in 2019 terms? USS (round to nearest dollar)

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