The Term Ceteris Paribus Means That

question 95

Multiple Choice

The term ceteris paribus means that:

• A)the causal relationship between two economic variables cannot be determined.
• B)an analysis is true for the individual but not for the economy as a whole.
• C)all other variables except the ones specified are assumed to be constant
• D)conclusions are based on normative rather than on positive economic analysis.
• E)one variable causes another to occur if certain conditions are satisfied.

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Definitions:

Stress Response

The body's way of reacting to stress, involving various physiological changes such as increased heart rate and heightened senses to prepare for a "fight or flight" response.

Emotion of Fear

A primal response to potential threats, characterized by increased heart rate, adrenaline release, and heightened alertness, serving both protective and motivational roles.

Oxytocin

A hormone and neurotransmitter often associated with social bonding, childbirth, and lactation.

Cortisol

A hormone released by the adrenal glands in response to stress, which can increase blood sugar and suppress the immune system.