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.Management Sciences
Category: Engineering Economy
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 ____________________?
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A. Currency appreciation
B. Currency depreciation
C. Currency devaluation
D. Currency float
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product ?
A. Stock pile
B. Hoard stock
C. Buffer stock
D. Withheld stock
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate______________?
A. Currency appreciation
B. Currency depreciation
C. Currency devaluation
D. Currency float
What is another term for “perfect competition” ?
A. Atomistic competition
B. No-limit competition
C. Free-for-all competition
D. Heterogeneous market
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest ?
A. 23.5 %
B. 24.7 %
C. 25.0 %
D. 25.8 %
What refers to the need, want or desire for a product backed by the money to purchase it ?
A. Supply
B. Demand
C. Product
D. Good
Double taxation is a disadvantage of which business organization ?
A. Sole proprietorship
B. Partnership
C. Corporation
D. Enterprise
What is another term for “acid-test ratio” ?
A. Current ratio
B. Quick ratio
C. Profit margin ratio
D. Price-earnings ratio
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?
A. T-bills
B. Securities
C. Bond
D. Bank notes
What bond whose security is a mortgage on certain specified assets of the corporation ?
A. Registered bond
B. Collateral trust bond
C. Mortgage bond
D. Debenture bond
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