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(Situation F) the Sales (In Thousands of Dollars) of Automobiles

question 34

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(Situation F) The sales (in thousands of dollars) of automobiles by the three largest American automakers from 1986 through 1992 are shown in the table below.
 Year  G.M.  Ford  Chrysler 1986899358101796198771014328122519886762431312831989624442551182199077694934149419918256558520341992930555512157\begin{array} { l r c r } \hline \text { Year } & \text { G.M. } & \text { Ford } & \text { Chrysler } \\\hline 1986 & 8993 & 5810 & 1796 \\1987 & 7101 & 4328 & 1225 \\1988 & 6762 & 4313 & 1283 \\1989 & 6244 & 4255 & 1182 \\1990 & 7769 & 4934 & 1494 \\1991 & 8256 & 5585 & 2034 \\1992 & 9305 & 5551 & 2157 \\\hline\end{array}
-Using 1986 as the base year, find the simple composite index for 1990.

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Definitions:

Productivity of Labor

The measure of output per unit of labor input.

Complementary

Goods or services that are used together, where the increase in consumption of one results in an increase in the consumption of the other.

Price of Capital

The cost of accessing funds or resources for investment purposes, often influenced by interest rates, market demand, and availability of capital.

Occupations

The various types of jobs or professions individuals engage in to earn income.

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