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 float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions Did the estimators use short cut methods which may be unrealistic in their situation All of these How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions Did the estimators use short cut methods which may be unrealistic in their situation All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? Annual cost – interest of first cost First cost + interest of first cost First cost + cost of perpetual maintenance First cost + salvage value Annual cost – interest of first cost First cost + interest of first cost First cost + cost of perpetual maintenance First cost + salvage value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 300 360 365 366 300 360 365 366 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? Mall Market Store Office Mall Market Store Office ANSWER DOWNLOAD EXAMIANS APP