The accompanying table shows a portion of the median sales price of new houses sold in the United States along with the corresponding consumer price index (CPI). Year Price CPI 2010 220,100 218.06 224.94 2011 226,300 1 2019 318,600 255.66 Click here for the Excel Data File a. Use the CPI to compute real sales price of new houses. Which year(s) did real the sales price decline from the previous year? (You may select any number of years.) Year Price Decline? 2011 2012 2013 2014 2015 2016 2017 2018 2019 b. Compute the percentage increase in the sales price of new houses from 2010 to 2019. (Round your answer to 2 decimal places.) Percentage change in nominal values % c. Compute the percentage increase in the real sales price of new houses from 2010 to 2019. (Round your answer to 2 decimal places.) Percentage change in real values %

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