Which of the following statements uses the term ceteris paribus correctly?
A)In economics, there are numerous theories, ceteris paribus .
B)New York City is a major American city, ceteris paribus .
C)The price of pineapples is low in Hawaii, ceteris paribus .
D)The more ice cream you eat, the more weight you will gain, ceteris paribus .

Question

Quizplus · Accepted Answer

Ceteris paribus is a Latin phrase meaning "all other things being equal." It is used in economics to isolate the effect of one variable by assuming other variables remain constant. Statement D correctly uses the term to suggest that, assuming all other factors remain constant, eating more ice cream will lead to weight gain.

Which of the Following Statements Uses the Term Ceteris Paribus