4. If the price of hamburger rises, what happens in the market for hamburger buns? Identify your equilibrium, a shortage or surplus at $4 & identify whether at this price if it is a price ceiling or price floor if gov intervened.

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.