Multiple Choice
In describing the relationship between X and Y, the ceteris paribus assumption implies that
A) the value of X does not change.
B) the value of Y does not change.
C) the values of both X and Y do not change.
D) all other factors that may affect X and Y are constant.
E) nothing in the world can change.
Correct Answer:
Verified
Correct Answer:
Verified
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