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Engineering Economics

Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Callability
Return clause
Call class
Recall clause

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Engineering Economics
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?

Free market entry and exit
Homogeneous product
Perfect information and absence of all economic friction
All of these

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Engineering Economics
What is the reduction in the money value of capital asset is called?

Deficit
Capital expenditure
Capital loss
Loss

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Services
Commodities
Goods
Goods or commodities

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Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Inflation
Depletion
Depreciation
Deflation

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Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Annuity due
Perpetuity
Ordinary annuity
Deferred annuity

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