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Inflation: Go to the Bureau of Labor Statistics website at https://www.bls.gov/bls/inflation.htm _ and click on CP answer the following prompt. When the professor went to

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Inflation: Go to the Bureau of Labor Statistics website at https://www.bls.gov/bls/inflation.htm _ and click on "CP answer the following prompt. When the professor went to community college in 1989-1991, the cost of one unit at community college for a 3-unit class like this one. 1. How much would community college tuition cost now if tuition increased with the rate of inflation pe inflation calculator Ex and explain in detail. Scroll down to middle of page to find the inflation calculat 2. How much does LBCC tuition E per unit and per 3-unit class actually cost today? Compare this to th question #1. How has the price of tuition increased compared to inflation over the same period of tin 3. What does this mean for students in 2023 versus students in 1990 in terms of real income and spend of tuition here, the purchasing power. Are students paying more or less now in real terms?). Explain in Criteria for success: 1. Follow all instructions carefully. 2. Number your answers. 3. Include calculations and data. 4. Write more than the minimum writing requirement of 250+ words. 5. Use correct grammar and run spell check. Proofread your work. 5. Take the time to do the research and include data from the websites to support your answer. . Avoid Plagiarism. Do your own work. If you use outside sources, be sure to cite them in a bibliography Get help if you need it: you can always e-mail me at mcummins@Ibcc.edu or come to Student Office H Thursdays from 1:10-1:55 and 3:45-5:30PM in T-2354

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