Which statement uses the term ceteris paribus correctly?
A)If you exercise regularly, you will be healthier, ceteris paribus .
B)Blue is to green, ceteris paribus , as red is to purple.
C)Most people consider Sunday to be the first day of the week, ceteris paribus .
D)Interest rates usually rise in October, ceteris paribus .

Question

Quizplus · Accepted Answer

Ceteris paribus means "all other things being equal" or "holding everything else constant". In the given statement, ceteris paribus implies that other factors that may affect health are being held constant, so it is solely the regular exercise that is being considered as the cause of improved health.

Which Statement Uses the Term Ceteris Paribus Correctly