Listed Below Is the Price of a Pair of Men's

question 9

Essay

Listed below is the price of a pair of men's boots over a 50 year time period.
$$\begin{array} { | l | l | } \hline \text { Year } & \text { Price } \\\hline 1950 & \$ 22.45 \\\hline 1960 & \$ 32.33 \\\hline 1970 & \$ 44.90 \\\hline 1980 & \$ 69.75 \\\hline 1990 & \$ 80.05 \\\hline 2000 & \$ 87.28 \\\hline\end{array}$$
Find the simple index numbers for the data with 1950 as the base year.

---

Definitions:

Lobby

Lobby refers to the act of attempting to influence the decisions made by officials in the government, most often legislators or members of regulatory agencies.

Worth

The value or importance of something, often determined by its qualities or by the amount of money that it can be sold for.

Professional Lobbyists

Individuals or groups hired to influence legislators and government officials on behalf of specific interests or organizations, often to shape public policy or legislation.

Lobbying Disclosure Act

U.S. legislation that requires disclosure of lobbying activities and expenditures to foster transparency in government lobbying efforts.