Ceteris paribus is the Latin expression for
A. A statement about the way the economic world ought to be.
B. An expression that means “other things being equal.”
C. The (false) statement that what is true of the parts is true of the whole or what is true of the whole is true of the parts.
D. The error of reasoning that a first event causes a second event because the first event occurred before the second event.
Answer:A
Ceteris paribus is the Latin expression for
A. A statement about the way the economic world ought to be. B. An expression that means “other things being equal.” C. The (false) statement that what is true of the parts is true of the whole or what is true of the whole is true of the parts. D. The error of reasoning that a first event causes a second event because the first event occurred before the second event.
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