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 depreciation Currency devaluation Currency float Currency appreciation Currency depreciation Currency devaluation Currency float Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Price-earnings ratio Gross margin Profit margin ratio Current ratio Price-earnings ratio Gross margin Profit margin ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Luxury Producer products Necessity Consumer products Luxury Producer products Necessity Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money? 0.0914 0.0941 0.0901 0.0931 0.0914 0.0941 0.0901 0.0931 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The consulting architect/engineer The contractor of the project All of these The owner of the facility The consulting architect/engineer The contractor of the project All of these The owner of the facility ANSWER DOWNLOAD EXAMIANS APP