(A)In Which Year Did Disinflation Begin? (B)In Which Year Did

question 49

Essay

(a)In which year did disinflation begin? (b)In which year did deflation begin?
$$\begin{array} { c c } \text { Year } & \text { CPI } \\2015 & 100.0 \\2016 & 105.0 \\2017 & 112.5 \\2018 & 124.3 \\2019 & 141.6 \\2020 & 148.3 \\2021 & 151.2 \\2022 & 152.0 \\2023 & 152.3 \\2024 & 151.8 \\2025 & 150.0 \\2026 & 145.9\end{array}$$

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Resources owned by a business or individual that have economic value and can be converted into cash.

Liabilities

Financial obligations or debts that an entity owes to another party, which must be settled over time through the transfer of economic benefits.

Net Worth

The total value of an individual's or entity's assets minus their liabilities.

Total Value

The aggregate worth of a good, service, product, or other item as perceived by its users.