Quiz Higher Education Expenditures

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Liberty University *

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664

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Economics

Date

Feb 20, 2024

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docx

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Uploaded by DukeMosquitoPerson955

Question 1 S/Spts Which term best represents the student's (buyer's) perspective on the financial transaction of a college education? price: Question 2 i Based on analysis of institutional revenues and expenditures from the last 1980s to the late 1990s, which of the following results are true? ‘Across all ypes of private, ot for-profi insttutions,uiton ncreased annualy.

Question 3 S/5pts Which of the following is not a higher education quality actor? US State Department Question 4 TS ‘According to analysis from the Delaware Cost Study, the single most important factor explaining differences in costs at four-year institutions is total enroliment. False

Question 5 5/5pts According to the Delaware Cost Study, which of the following are the greatest factors leading to cost variation within a discipline? Student cret hours Number of faculy Proportion of faculy hlcing tenure Question 6 Examples of funding for future growth inciude the following: Envollment growth expenses Sslery ncresses 5/5pts

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Question 7 S/Spts According to the textoook, price changes are experienced by which entity? Consumers Question 8 A According to the textoook, after adjusting for infation, educational cost at public research universities has remained constant in real terms per full-time equivalent student Tne

Question 9 S/5pts According to the textbook, some of the common errors in budget development include which of the following? Faling to consicer stakenolder nescs Not planing for budget forecasts beyond the next fiscalyear Communicating budgetinformation with only aselectfew people Question 10 JED Costs do not differ between private for-profit and private notfor-proft nstitutions. Tne

Question 11 S/Spts Select the various factors that relate to the cost of campus construction projects Complexty of the faclty Codes, regulaions, and standards Institional and statutory reuiements. Question 12 R ‘The high cost of construction on a university campus is not necessarily one specific tem but the total ‘accumulation of many different aspects and details. Tne

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Question 13 eGP ‘The best way to adjust for infation t postsecondary institutions s to use which measure? Higher Ecucation Cost Adjustment Question 14 TS Higher education is a service that cannot truy be evaluated for ts quality until it s experienced by the consumer (student) Tne

Question 15 D Which statement is accurate? The cost for aputlic universty to produce education s less than that of a privte universty. Quiz Score: 75 out of 75

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