Which of the Following Statements Is the Best Example of the Term

question 254

Multiple Choice

Which of the following statements is the best example of the term ceteris paribus?

• A) An economist holds other factors constant when he examines the relationship between tax rates and tax revenues.
• B) More money should be spent on cleaning up the environment.
• C) The government budget surplus was $200 billion in 2000 because the economy was growing.
• D) An increase in the budget surplus after an increase in tax rates implies that tax rate increases cause budget surpluses.
• E) When studying the effects of a budget deficit, an economist must take account of all the factors involved.

---

Definitions:

American Women

Females belonging to or residing in the United States, contributing to its society, culture, and history in diverse ways.

World War I

A global conflict that took place from 1914 to 1918, involving many of the world's nations and resulting in significant geopolitical changes and casualties.

Great Steel Strike

A major labor strike in 1919 involving steelworkers across the United States, seeking better working conditions, wages, and the right to unionize.