Question: Education is an area in which it has been hard to create productivity gains that reduce costs. Collect data on the tuition rates of your
Education is an area in which it has been hard to create productivity gains that reduce costs. Collect data on the tuition rates of your own college in the last 20 years and compare that increase to the overall rate of inflation using the consumer price index. What do you observe? Can you suggest some productivity-enhancing measures?
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