Which Statement Uses the Term Ceteris Paribus Correctly

question 166

Multiple Choice

Which statement uses the term ceteris paribus correctly?

• A) If you exercise regularly,you will be healthier,ceteris paribus.
• B) Blue is to green,ceteris paribus,as red is to purple.
• C) Most people consider Sunday to be the first day of the week,ceteris paribus.
• D) Interest rates usually rise in October,ceteris paribus.
• E) a and d

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Definitions:

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.

Global Trade

The exchange of goods, services, and finances between countries and territories, overcoming geographical limitations.

Megacities

Urban areas with a population of over 10 million people, often characterized by significant economic, political, and cultural influence.

World Population

The total number of living humans on Earth at a given time, which influences global markets, resources demand, and economic dynamics.