Tuition and Fees for Four Year Colleges in the United

question 113

Multiple Choice

Tuition and fees for four year colleges in the United States have risen over five percent per year recently. One cause for the increase in price has been an increase in demand for college education. In the standard model, what could be a possible explanation for the increase in the demand for college education?

• A) More colleges have been established
• B) The cost of two-year colleges has declined over the same period
• C) Income in the United States has risen
• D) The price of all other goods in the economy has risen 3 percent over the same period

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Definitions:

Psychological Disorder

A disorder of the mind involving thoughts, behaviors, and emotions that cause either self or others significant distress.

Suicide

The act of intentionally causing one's own death.

Percentage

A mathematical term representing a fraction of 100, commonly used to describe proportions or ratios.

Bipolar Disorder

A mental health condition marked by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).