What are inferior goods?
a. goods for which the demand falls when income rises
b. goods that no one wants to buy
c. goods for which the demand rises when income falls
d. goods that are not well produced

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.