Multiple Choice
When economists use the term Ceteris paribus , they are indicating that:
A) the relationship between two economic variables cannot be determined.
B) the analysis is true for the individual but not for the economy as a whole.
C) all other variables except the ones specified are assumed to be constant.
D) their conclusions are based on normative economics rather than positive economic analysis.
Correct Answer:

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Correct Answer:
Verified
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