(Situation G) the Number of Industrial and Construction Failures in the United

question 53

Multiple Choice

(Situation G) The number of industrial and construction failures in the United States by the type of firm for the years 1985-1996 is given in the table. $$\begin{array} { l c c c r c } \hline \text { Year } & \begin{array} { l } \text { Commercial } \\\text { Service }\end{array} & \text { Construction } & \begin{array} { c } \text { Manufacturing } \\\text { and Mining }\end{array} & \begin{array} { r } \text { Retail } \\\text { Trade }\end{array} & \begin{array} { l } \text { Wholesale } \\\text { Trade }\end{array} \\\hline 1985 & 1637 & 2262 & 1645 & 4799 & 1089 \\1986 & 1331 & 1770 & 1360 & 4139 & 1028 \\1987 & 1041 & 1463 & 1122 & 3406 & 887 \\1988 & 773 & 1204 & 1013 & 2889 & 740 \\1989 & 930 & 1378 & 1165 & 3183 & 908 \\1990 & 1594 & 2355 & 1599 & 4910 & 1284 \\1991 & 2366 & 3614 & 2223 & 6882 & 1709 \\1992 & 3840 & 4872 & 3683 & 9730 & 2783 \\1993 & 8627 & 5247 & 4433 & 11,429 & 3598 \\1994 & 12,787 & 6936 & 5759 & 13,787 & 4882 \\1995 & 16,647 & 7004 & 5662 & 13,501 & 4835 \\1996 & 20,911 & 7035 & 5641 & 13,509 & 4808 \\\hline\end{array}$$
-Using 1985 as the base period and using just construction failures, calculate the simple index for 1992.

• A) 217.88
• B) 46.43
• C) 215.38
• D) 487.20

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