Beginning in 2012,Venezuela experienced a surge in prices,despite an official government exchange rate that didn't reflect the economic realities.As a result,many citizens went through illegal channels in order to change the local currency,bolivars,into U.S.dollars.This behavior describes a(n)
A) in-kind transfer.
B) in-cash transfer.
C) result of corruption.
D) underground economy.
E) repurposed income.
Correct Answer:
Verified
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