"Ceteris paribus" means:
A)if events A and B occur together, one must cause the other.
B)all relevant details are included.
C)what is true for the individual must be true for the whole.
D)holding other things constant.

Question

"Ceteris paribus" means:
A)​if events A and B occur together, one must cause the other.
B)​all relevant details are included.
C)​what is true for the individual must be true for the whole.
D)​holding other things constant.

Quizplus · Accepted Answer

"Ceteris paribus" is a Latin phrase meaning "holding other things constant." It is often used in economics to isolate the impact of a specific variable, by assuming that all other factors remain fixed. Therefore, the correct answer is D.

"Ceteris Paribus" Means