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 is the increase in the money value of a capital asset is called? Capital gain Capital expenditure Capital stock Profit Capital gain Capital expenditure Capital stock Profit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Worksheet Balanced sheet Trial balance Ledger Worksheet Balanced sheet Trial balance Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: Few sellers and few buyers Few sellers and many buyers One seller and few buyers Many sellers and few buyers Few sellers and few buyers Few sellers and many buyers One seller and few buyers Many sellers and few buyers 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 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 P 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand ANSWER DOWNLOAD EXAMIANS APP
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