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1. Why is the cost of higher education rising so quickly? Select one: a. Most st

ID: 1119775 • Letter: 1

Question

1. Why is the cost of higher education rising so quickly?

Select one:

a. Most states are reducing the portion of funds that they allocate for higher education

b. Universities are buying more computers and better technology to support their students

c. Faculty salaries are going up at a higher rate than the national average

d. Universities are growing as demand for higher education is rising, which increases construction cost

e. All of these are reasons why the cost of higher education is increasing

2. Which one of these items is not a part of the U.S. infrastructure?

Select one:

a. Highway 95

b. Grand Strand Hospital

c. A Santee Cooper Power Plant

d. Charleston Port

e. Time Warner Internet Cables

3.Which of the following effects is the recent depreciation in the dollar likely to have on the U.S. economy?

Select one:

a. It is likely to cause investors to speculate on the dollar

b. It is likely to cause more Europeans to visit the U.S.

c. It is likely to reduce U.S. exports abroad

d. It is likely to create a deflation (a fall in prices)

e. It is likely to increase American investment abroad

4.The U.S. large Current Account Deficit has led to:

Select one:

a. Large inflows of savings, especially from Asia

b. An appreciation in the dollar

c. Speculations against the dollar by foreigners

d. A high degree of structural unemployment

e. A strong growth in the supply of money (M1) in the U.S.

Explanation / Answer

1. The right option isi option E. All of these are reasons why the cost of higher education is increasing

Explaantion: The tution costs in higher education in the USA has been rising at the rate of around 6% higher than the inflation rate. The contributing factors are reduction in sate funding, increasing spending by universities to modernize infrastracture, high faculty salaries and higher construction costs, etc.