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.
E) none of the above

Question

Quizplus · Accepted Answer

Ceteris paribus is a Latin phrase that means "all other things being equal." Choice D uses ceteris paribus correctly by stating that the more ice cream you eat, the more weight you will gain, all other things being equal. This means that the statement assumes that nothing else changes, such as exercise or other dietary factors, which would affect weight gain. Choices A, B, and C do not use ceteris paribus correctly because they do not relate to the concept of "all other things being equal." Choice E is not applicable because there is at least one correct answer.

Which of the Following Statements Uses the Term Ceteris Paribus