The term ceteris paribus means
A) all other things remaining constant or equal.
B) value free and testable.
C) the greatest good for all.
D) the study of scarcity and choice.
Correct Answer:
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Q94: In an economic model,assumptions
A)must be applicable to
Q95: The assumption that "all other things remain
Q96: If a government wishes to make the
Q97: Ceteris paribus means
A)making all the necessary changes.
B)let
Q98: One reason why economists use models in
Q100: A simplified representation of the real world
Q101: Which of the following is a normative
Q102: Which of the following is a positive
Q103: Positive economic analysis is said to be
A)true.
B)value
Q104: Economics is an empirical science because
A)economic analysis
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