Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency devaluation Currency appreciation Currency float Currency depreciation Currency devaluation Currency appreciation Currency float Currency depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Inspection cost Testing cost Assembly cost Supervision cost Inspection cost Testing cost Assembly cost Supervision cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship Corporation Partnership Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Benefit-cost ratio Rate of return method EUAC Annual cost method Benefit-cost ratio Rate of return method EUAC Annual cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P700.12 P702.15 P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Free market entry and exit Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit Homogeneous product All of these ANSWER DOWNLOAD EXAMIANS APP
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