If inflation falls from 11% to 5%, there is deflation.
A. True
B. False

False.

Explanation:

False.

Deflation is the decline in prices. Meaning that there is a general decrease in prices of goods and services. In the example, inflation is diminishing. Prices increase at a lower rate, but, they increase.

Deflation benefits consumers because they can purchase more goods and services with the same nominal income.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

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