Venezuelan Bolivar (A). The Venezuelan government officially floated the Venezuelan bolivar (Bs) in February 2002. Within...

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Venezuelan Bolivar (A). The Venezuelan government officially floated the Venezuelan bolivar (Bs) in February 2002. Within weeks, its value had moved from the pre-float fix of Bs781 = $1.00 to Bs1,030 = $1.00. a. Is this a devaluation or a depreciation? b. By what percentage did the value change? a. Is this a devaluation or a depreciation? (Select from the drop-down menu.) This is a case in which a government has changed its currency from a governmentally determined fixed rate, to a regime in which the currency is allowed to change in value based on supply and demand forces in the market. As a result of the move, the currency's value in this case was dollar. b. By what percentage did the value change? The percentage depreciation is %. (Round to two decimal places.) against the U.S. Venezuelan Bolivar (A). The Venezuelan government officially floated the Venezuelan bolivar (Bs) in February 2002. Within weeks, its value had moved from the pre-float fix of Bs781 = $1.00 to Bs1,030 = $1.00. a. Is this a devaluation or a depreciation? b. By what percentage did the value change? a. Is this a devaluation or a depreciation? (Select from the drop-down menu.) This is a case in which a government has changed its currency from a governmentally determined fixed rate, to a regime in which the currency is allowed to change in value based on supply and demand forces in the market. As a result of the move, the currency's value in this case was dollar. b. By what percentage did the value change? The percentage depreciation is %. (Round to two decimal places.) against the U.S.