Tuition and Fees for Four Year Colleges in the United

question 59

Multiple Choice

Tuition and fees for four year colleges in the United States have risen over five percent per year in the recent past.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

---

Definitions:

Animation

The process of designing, drawing, making layouts, and photographing successive frames of a series of images to create an illusion of movement.

Grid

A framework of spaced bars that are parallel to or cross each other; in design, a structure comprising a series of intersecting lines to help align elements.

Table

A structured arrangement of data made up of rows and columns, used to organize information.

Chart

A visual representation of data, often used in reports and presentations to illustrate statistical information through diagrams such as bar graphs, line charts, or pie charts.