racy vs lively

racy and lively both are adjectives.

Word	Noun	Adjective	Verb	Adverb
racy	No	Yes	No	No
lively	No	Yes	No	No

As adjectives, racy and lively are synonyms defined as:

racy (adjective)	lively (adjective)
designed or suitable for competing in a race	full of life and energy
suggestive of sexual impropriety	full of spirit; full of life
full of zest or vigor	elastic; rebounds readily
marked by richness and fullness of flavor	quick and energetic
	filled with events or activity
	full of zest or vigor