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Which of the following is true? Marginal propensity to consume shows the change in consumption as a result of a change in disposable income. Independent

Which of the following is true?

  1. Marginal propensity to consume shows the change in consumption as a result of a change in disposable income.
  2. Independent consumption increases as a result of an increase in the general price level
  3. Independent consumption increases as a result of a decrease in the real interest rate.
  4. Disposable income increases as a result of an increase in lump sum taxes.
  5. Both a and c.
  6. Both b, and c.
  7. All.

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