The average price of tuition and fees at public 4-year colleges and universities increased from $1,740 in 1991 to $6,800 in 2007. Calculate the relative change in price from 1991 to 2007 and compare...


The average price of tuition and fees at public 4-year colleges and universities increased from $1,740 in 1991 to $6,800<br>in 2007. Calculate the relative change in price from 1991 to 2007 and compare it to the overall rate of inflation as<br>measured by the Consumer Price Index.<br>Average Annual Consumer Price Index (CPI) (1982-1984=100)<br>CPI<br>56.9<br>CPI<br>124.0<br>130.7<br>136.2<br>Year<br>Yoar<br>Year<br>CPI<br>177.1<br>179.9<br>184.0<br>188.9<br>195.3<br>201.6<br>207.3<br>215.3<br>214.5<br>218.1<br>224.9<br>229.6<br>2001<br>2002<br>1976<br>1989<br>1977<br>60.6<br>1990<br>2003<br>2004<br>2005<br>2006<br>2007<br>2008<br>2009<br>Average tuition and fees in public 4-year colleges and universities increased by %.<br>1978<br>65.2<br>1991<br>140.3<br>144.5<br>148.2<br>152.4<br>156.9<br>160.5<br>1992<br>1979<br>1980<br>1981<br>1982<br>1983<br>72.6<br>(Round to the nearest integer as needed.)<br>82.4<br>90.9<br>96.5<br>99.6<br>103.9<br>107.6<br>109.6<br>113.6<br>1993<br>1994<br>1995<br>1996<br>1997<br>1998<br>1999<br>The overall rate of inflation was %.<br>(Round to the nearest integer as needed.)<br>1984<br>1985<br>163.0<br>166.6<br>172.2<br>2010<br>2011<br>2012<br>the overall rate of inflation.<br>The increase in tuition and fees in public 4-year colleges was<br>1986<br>2000<br>1987<br>1988<br>118.3<br>

Extracted text: The average price of tuition and fees at public 4-year colleges and universities increased from $1,740 in 1991 to $6,800 in 2007. Calculate the relative change in price from 1991 to 2007 and compare it to the overall rate of inflation as measured by the Consumer Price Index. Average Annual Consumer Price Index (CPI) (1982-1984=100) CPI 56.9 CPI 124.0 130.7 136.2 Year Yoar Year CPI 177.1 179.9 184.0 188.9 195.3 201.6 207.3 215.3 214.5 218.1 224.9 229.6 2001 2002 1976 1989 1977 60.6 1990 2003 2004 2005 2006 2007 2008 2009 Average tuition and fees in public 4-year colleges and universities increased by %. 1978 65.2 1991 140.3 144.5 148.2 152.4 156.9 160.5 1992 1979 1980 1981 1982 1983 72.6 (Round to the nearest integer as needed.) 82.4 90.9 96.5 99.6 103.9 107.6 109.6 113.6 1993 1994 1995 1996 1997 1998 1999 The overall rate of inflation was %. (Round to the nearest integer as needed.) 1984 1985 163.0 166.6 172.2 2010 2011 2012 the overall rate of inflation. The increase in tuition and fees in public 4-year colleges was 1986 2000 1987 1988 118.3

Jun 11, 2022
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