If average annual tuition at public 4-year colleges was $1,908 in 1990,when the CPI was 130.7,and $8,655 in 2012 when the CPI was 229.6,then the real cost of annual tuition
A) rose by 158 percent during that period.
B) rose by 354 percent during that period.
C) rose by 75.7 percent during that period.
D) fell by 158 percent during that period.
E) fell by 354 percent during that period.
Correct Answer:
Verified
Q151: All of the following can create a
Q152: The CPI bias was estimated by the
Q153: In February 2010,the price of gasoline in
Q154: Joe buys chicken and beef.If the price
Q155: When comparing the annual inflation rate in
Q157: If the price of a soda was
Q158: To compare the price of a loaf
Q159: To compare the real price of gas
Q160: If we compare the last 30 years
Q161: Which of the following formulas would you
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents