What Do Economists Use the Term "Ceteris Paribus" to Indicate

question 140

Multiple Choice

What do economists use the term "ceteris paribus" to indicate?

• A) Supply and demand are in balance.
• B) Their conclusions are based on normative rather than positive economic analysis.
• C) Other things are assumed to remain constant.
• D) The analysis is True for the individual but not for the economy as a whole.

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Definitions:

Attachment Process

the development of a close emotional bond between a child and a caregiver, crucial for the child's emotional and social development.

Adaptive

The ability of an organism or system to adjust to changes in its environment or circumstances.

Instantaneous

Occurring or done in an instant or immediately.

Mental Illness

A wide range of mental health conditions that affect mood, thinking, and behavior, often requiring clinical diagnosis and treatment.