Examlex
Minerals are formed from the combination of different elements.The combination of different metallic elements produces
Ceteris Paribus
A Latin phrase meaning "all other things being equal," used in economics to analyze the effect of one variable on another while holding other relevant factors constant.
Economic Variables
Quantitative measures that represent a characteristic of the economy or a part of the economy, influencing or describing economic activity.
Positive Economic Analysis
An objective approach to economics that focuses on describing and explaining economic phenomena without making normative judgments.
Fallacy of Composition
Erroneous view that what is true for the individual (or the part) will also be true for the group (or the whole).
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