The Ceteris Paribus Assumption Is Important in Economics Because

Multiple Choice

The ceteris paribus assumption is important in economics because

A) all empirical data are equal.
B) it would be impossible to relate the effects of changes in one variable on another without holding some variables constant.
C) economic data move very slowly over time and so they can always be considered constant.
D) models are always complex and require as many variables as possible.