Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation ANSWER DOWNLOAD EXAMIANS APP
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 float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Currency Cash or check Monetary unit Foreign exchange Currency Cash or check Monetary unit Foreign exchange ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)n (1 + i)(1/2n) √(n + i) None of these (1 + i)n (1 + i)(1/2n) √(n + i) None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Market Mall Office Store Market Mall Office Store ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Probabilistic estimating of a construction project includes: Wage scale Labour Productivity All of these Wage scale Labour Productivity All of these ANSWER DOWNLOAD EXAMIANS APP
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