The Ceteris Paribus Assumption Is Always Used Whenever an Economist

question 42

True/False

The ceteris paribus assumption is always used whenever an economist analyzes the relationship of two variables.

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Definitions:

Telemarketer

An individual who markets goods or services to potential customers over the telephone.

Pitch

Psychological experience of sound that corresponds to the frequency of the sound waves; higher frequencies are perceived as higher pitches.

Milgram's Obedience Study

A series of social psychology experiments conducted by Stanley Milgram, demonstrating individuals' willingness to obey authority figures, even to the extent of causing harm to others.

Participants

Individuals taking part in a study or research, often used to collect data or test hypotheses.