By how much did the pace of tuition hikes (News, p. 132) exceed the 2013 rate of
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By how much did the pace of tuition hikes (News, p. 132) exceed the 2013 rate of inflation (Table 7.2)?
Transcribed Image Text:
Prices That Rose (%) Train fares Apples Textbooks. Cable TV Cigarettes College tuition Oranges Source: U.S. Bureau of Labor Statistics. +7.4% +6.8 +4.7 +3.7 +3.6 +2.7 +0.7 Prices That Fell (%) Eggs Televisions Gasoline Milk Air fares Coffee Bananas Average inflation rate: +1.3% -21.1% -19.2 -11.5 -4.6 -3.3 -3.0 -1.0
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According to the image you provided the pace of tuition hikes in 2013 was 29 while th...View the full answer
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Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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