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Engineering Economics

Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Supply
Product
Demand
Good

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Engineering Economics
By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly?

11.46 years
11.57 years
11.87 years
11.23 years

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Engineering Economics
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?

Promissory note
T-bills
Bond
Stock

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Engineering Economics
If there are many sellers and few buyers, the market situation is _________ .

Oligopsony
Oligopoly
Monopoly
Duopsony

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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 depreciation
Currency float

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Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

(1 + ni)
(ni - 1)
None of these
ni

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