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 depreciation Currency appreciation Currency float Currency devaluation Currency depreciation Currency appreciation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Luxury Consumer products Producer products Necessity Luxury Consumer products Producer products Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets All of these The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash flow series: Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period Either an increase or decrease in the amount of a cash flow is called the gradient The gradient in the cash flow may be positive or negative All of these Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period Either an increase or decrease in the amount of a cash flow is called the gradient The gradient in the cash flow may be positive or negative All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Deflation Depreciation Inflation Depletion Deflation Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,544.45 P 2,504.57 P 2,540.56 P 2,500.57 P 2,544.45 P 2,504.57 P 2,540.56 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP