Given the fees charged by Makerere University for an arts degree, unit costs are probably now in the region of Shs 2 3  The costs of accommodation, food etc should not be included because non students also have to eat and sleep. Both sets of estimates are reported in The State of Higher Education in Uganda, 2010, p34.
Slow productivity growth and population aging have lowered potential growth rates in major foreign economies, decreasing demand for investment and increasing desired saving, both of which have contributed to lower equilibrium interest rates abroad, with spillovers to the rest of the world, including in the United States. 4 Global developments influence not only U.S. economic activity and financial markets, but also U.S. inflation.