Ceteris paribus means
A) "all variables are independent."
B) "other things being constant."
C) "some assumptions are unrealistic."
D) "some theories are not rational."
Correct Answer:
Verified
Q225: A poll conducted by a national firm
Q226: In building a model the assumption that
Q227: The ceteris paribus assumption means
A) favors are
Q228: In building a model to analyze economic
Q229: "Ceteris paribus" assumption means
A) the role of
Q231: If psychological limitations and other complications cause
Q232: A theory or a model
A) is a
Q233: If economists are making the assumption that
Q234: Because models are used to explain economic
Q235: In constructing models, economists
A) consider all factors
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