ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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everything remains the same.
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all other forces are held constant or unchanged.
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one for all and all for one.
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the government is taxing the people.
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Detailed explanation-1: -Ceteris paribus is a Latin phrase that generally means “all other things being equal.” In economics, it acts as a shorthand indication of the effect one economic variable has on another, provided all other variables remain the same.
Detailed explanation-2: -’Ceteris paribus’ is a Latin phrase which means ‘other things being equal’ or ‘all else unchanged’.
Detailed explanation-3: -The ceteris paribus assumption is a Latin phrase that means “other things being equal.” It is used in economics to refer to the assumption that all other factors are held constant in order to isolate the effect of a single variable on an economic outcome.
Detailed explanation-4: -Ceteris paribus is the commonly used Latin phrase meaning ‘all other things remaining constant. ‘ When using ceteris paribus in economics, it is often safe to assume that all other variables, except those under immediate consideration, are held constant.
Detailed explanation-5: -Ceteris Paribus. a Latin phrase that means “all other things held constant"