The College Board reports that since 2000, college tuition and fees have increased by 190 percent while the share of family income required to pay for tuition at public four-year colleges has risen from 8 percent in 2000 to 16 percent today. This is an example of a(n) ________ condition.
A) deflationary
B) recessionary
C) repressive
D) inflationary
E) depressive

Question

Quizplus · Accepted Answer

This situation is an example of an inflationary condition, where the cost of college tuition and fees has significantly increased over time, indicating a rise in prices.

The College Board Reports That Since 2000, College Tuition and Fees