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Economics A year's tuition fee at a university cost $5000 in 1990 when the CPI was 0.49. The cost of a year's tuition at the
Economics
A year's tuition fee at a university cost $5000 in 1990 when the CPI was 0.49. The cost of a year's tuition at the same university was $30,000 in 2015, when the CPI was 1.68. The real cost of tuition between 1990 and 2015:
Group of answer choices
1.is unchanged.
2.increased.
3.decreased.
4.may have decreased or increased.
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