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Engineering Economics

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

Return clause
Callability
Call class
Recall clause

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

8% is the rate of interest per year
Both (A) and (B)
Neither (A) nor (B)
Money is borrowed for n = 7 years

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

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

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Engineering Economics
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.

Economic life
Sunk cost
In-place value
Annuity

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Engineering Economics
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Rate of interest
Rate of return
Economic return
Yield rate

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Conceptual estimate
Probabilistic estimate
Definitive estimate
None of these

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