Which of the following serves as money in many federal prisons in the United States these days?

As an household's wealth increases, it will experience a(n):

a. increase in its MPC. b. decrease in autonomous consumption. c. decrease in its MPS. d. increase in autonomous consumption. e. increase in autonomous saving.

If a monopolistically competitive firm raises its price,

a. quantity demanded falls to zero b. quantity demanded declines, but not to zero c. the market supply curve shifts outward d. the market supply curve shifts inward e. quantity demanded remains constant