The Latin Phrase Economists Use That Means All Else Equal

question 210

Multiple Choice

The Latin phrase economists use that means all else equal is

• A) ceteris paribus.
• B) cogito ergo sum.
• C) carpe diem.
• D) caveat emptor.

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Definitions:

Pessimistic Outlook

A tendency to expect the worst possible outcome or dwell on the most negative aspects of a situation.

Unhappy Person

An individual experiencing sadness or a lack of contentment with life or current situations.

Strongly Related

Having a significant correlation or connection, where changes in one entity directly influence the other.

Happiness

Definition: A state of well-being and contentment, often characterized by feelings of joy, satisfaction, and fulfillment.