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Lucy wants to interpret index numbers related to the price of ranch style homes in Fayetteville. She uses 2005 as the base year. Lucy computes

Lucy wants to interpret index numbers related to the price of ranch style homes in Fayetteville. She uses 2005 as the base year. Lucy computes a price index of 115 and 120 for 2010 and 2013, respectively. From 2010 and 2013, she concludes that Multiple choice question. prices rose by 5%. prices declined by 5%. prices rose by 20%. prices rose by 4.3%

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