Average inflation went up by 65.5% since the turn of the century while college tuition and fees soared by 175%. Why has the relative price of college increased so much compared to average inflation?
Average inflation went up by 65.5% since the turn of the century while college tuition and fees soared by 175%. Why has the relative price of college increased so much compared to average inflation?
Chapter13: Inflation
Section: Chapter Questions
Problem 7SQP
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Average inflation went up by 65.5% since the turn of the century while college tuition and fees soared by 175%. Why has the relative price of college increased so much compared to average inflation?
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ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning