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NYC NYC
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8 years ago
The Latin phrase ceteris paribus means that when a relationship between two variables is being studied:
A) both are treated as unpredictable.
B) we recognize that some factors are unknown.
C) all other variables are held fixed.
D) neither of those two variables is allowed to change.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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