Question
Suppose the value of a home changed by -24% over the past five years. Which of the following is true? A. The house increased in
Suppose the value of a home changed by -24% over the past five years. Which of the following is true?
A. The house increased in value over the past five years because if the relative change is negative, the absolute change is positive.
B. A mistake was made in the calculation because absolute change cannot be negative.
C. A mistake was made in the calculation because relative change cannot be negative.
D. The house decreased in value over the past five years because the value of the house is 24% of its original value.
E. The house decreased in value over the past five years because the relative change is negative.
F. The house increased in value over the past five years because if the absolute change is negative, the relative is positive.
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