The Latin phrase ceteris paribus means that when a relationship between two variables is being studied:
A) all other variables are held fixed.
B) both are treated as unpredictable.
C) we recognize that some factors are unknown.
D) neither of those two variables is allowed to change.

Question

Quizplus · Accepted Answer

Ceteris paribus means "all other things being equal," so in studying the relationship between two variables, all other variables are held constant or fixed.

The Latin Phrase Ceteris Paribus Means That When a Relationship