The Latin phrase ceteris paribus meansA) that one event causes another.B) that one event is associated with, but not caused by, another.C) that other potential causes are assumed to remain constant.D) the way things should be.

Question

The Latin phrase ceteris paribus meansA)  that one event causes another.B)  that one event is associated with, but not caused by, another.C)  that other potential causes are assumed to remain constant.D)  the way things should be.

Jessica Solórzano · Accepted Answer

Final Answer : C, Explanation :  Ceteris paribus is a Latin phrase meaning all other things being equal or holding other things constant, used to isolate the effect of one variable in economic analysis.

The Latin phrase "ceteris paribus" means

A) that one event causes another.
B) that one event is associated with, but not caused by, another.
C) that other potential causes are assumed to remain constant.
D) the way things should be.

Definitions

Learning Objectives

Learning Objectives

Related questions

The Latin phrase "ceteris paribus" meansA) that one event causes another.B) that one event is associated with, but not caused by, another.C) that other potential causes are assumed to remain constant.D) the way things should be.

Definitions

Learning Objectives

Learning Objectives

Related questions

The Latin phrase "ceteris paribus" means

A) that one event causes another.
B) that one event is associated with, but not caused by, another.
C) that other potential causes are assumed to remain constant.
D) the way things should be.