Question
Question: Which of the following statements uses the term ceteris paribus correctly? New York City is a major American city, ceteris paribus. The more ice
Question: Which of the following statements uses the term ceteris paribus correctly?
- New York City is a major American city, ceteris paribus.
- The more ice cream you eat, the more weight you will gain, ceteris paribus.
- The price of pineapples is low in Hawaii, ceteris paribus.
- None of the above.
- In economics, there are numerous theories, ceteris paribus.
Remark:
The question above is a single choice quiz from subject Macroeconomics. According to the correct answer from my professor, the CORRECT answer is No. 2. I chose No. 4 when I took this quiz. I have no idea why the statement in No. 2 is correct. Could you please help me to explain that?
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The Vanishing American Corporation Navigating The Hazards Of A New Economy
Authors: Jerry Davis, Gerald F Davis
1st Edition
1626562792, 9781626562790
