In a graph showing the relationship between variables X and Y, ceteris paribus means that:
A) X is inversely related to Y
B) X is positively related to Y
C) X and Y are independent
D) Other variables not shown are held constant

Question

Quizplus · Accepted Answer

Ceteris paribus means "all other things being equal" or "holding everything else constant". Therefore, in a graph showing the relationship between variables X and Y, ceteris paribus implies that other variables not shown on the graph are held constant while examining the relationship between X and Y.

In a Graph Showing the Relationship Between Variables X and Y