Ceteris paribus is a Latin expression that essentially means ...

[wenmo]

Ceteris paribus is a Latin expression that essentially means holding everything else constant.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Abstracting from reality is an important element of all economic models.
 a. True
  b. False
  Indicate whether the statement is true or false

[yasmina]

Answer to Question 1

True

Answer to Question 2

True

[wenmo]

Thank you

[yasmina]

Happy to help you