Which of the Following Changes in Disposable Income Would Lead

question 30

Multiple Choice

Which of the following changes in disposable income would lead to the greatest increase in consumption?

• A)​a $20,000 increase in disposable income, if MPC equals 0.5
• B)​a $12,000 increase in disposable income, if MPC equals 0.75
• C)​a $15,000 increase in disposable income, if MPC equals 0.6
• D)​a $30,000 increase in disposable income, if MPC equals 0.25

Understand the influences of different styles (Byzantine, French Gothic, Hellenistic, Classical) on Renaissance and medieval art.

Recognize the characteristics and influences in the works of major artists like Duccio, Nicola Pisano, and Simone Martini.

Know the commissioners and the purposes behind significant art commissions of the period.

Understand the importance of spatial illusionism and realism in the evolution of Renaissance art.