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What Phrase Do Economists Use to Describe the Assumption That

Question 54

Multiple Choice

What phrase do economists use to describe the assumption that everything else about a situation stays the same,while one variable,such as price,changes?


A) E pluribus unum.
B) Caveat emptor.
C) Vini, vidi, vici.
D) Ceteris paribus.

Correct Answer:

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