In a graph showing the relationship between variables X and Y, ceteris paribus means that
A) X is inversely related to Y.
B) X is positively related to Y.
C) X and Y are independent.
D) other variables not shown are held constant.

Question

Quizplus · Accepted Answer

Ceteris paribus means "other things being equal" or "holding all other variables constant." Therefore, in this context, it means that any changes or movements in the graph are solely due to the relationship between X and Y, and not due to any changes in other potential influencing variables that are not shown or outlined.

In a Graph Showing the Relationship Between Variables X and Y