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An economist wants to know how demand for Persian rugs changes when the price of Persian rugs increases. At the same time, a recession starts

An economist wants to know how demand for Persian rugs changes when the price of Persian rugs increases. At the same time, a recession starts to change people's income.

A. The ceteris paribus assumption applies to this situation.

B. The ceteris paribus assumption does not apply to this situation.

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