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The Term Ceteris Paribus Means That

Question 65

Multiple Choice

The term ceteris paribus means that:


A) the causal relationship between two economic variables cannot be determined.
B) an analysis is true for the individual but not for the economy as a whole.
C) all other variables except the ones specified are assumed to be constant
D) conclusions are based on normative rather than on positive economic analysis.
E) one variable causes another to occur if certain conditions are satisfied.

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