The Latin Expression Ceteris Paribus Means

question 1

Multiple Choice

The Latin expression Ceteris paribus means:

• A) everything else being equal.
• B) economic model.
• C) economists are partly right.
• D) partial scarcity is certain.

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Definitions:

Cash

Cash refers to the amount of currency a business or individual has on hand, including money in bank accounts and liquid securities.

Cash Flow

The total amount of money being transferred into and out of a business, particularly in terms of liquid assets.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and other investments not considered as cash equivalents.

Expected Income

The amount of money an individual or business anticipates receiving over a specific period, based on projections or past performance.