Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Monetary unit Foreign exchange Cash or check Currency Monetary unit Foreign exchange Cash or check Currency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4826 Rs. 4413 Rs. 3415 Rs. 4225 Rs. 4826 Rs. 4413 Rs. 3415 Rs. 4225 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 supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1647 0.1602 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Cooperative Partnership Corporation Enterprise Cooperative Partnership Corporation Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these ANSWER DOWNLOAD EXAMIANS APP
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