Asked by Vincent Zhang on Jun 03, 2024

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The Latin phrase economists use that means all else equal is

A) ceteris paribus.
B) cogito ergo sum.
C) carpe diem.
D) caveat emptor.

Cogito Ergo Sum

A philosophical statement by René Descartes, which translates to "I think, therefore I am," used to demonstrate the existence of the self and consciousness.

Carpe Diem

A Latin aphorism usually translated as "seize the day," encouraging individuals to make the most of the present moment without concern for the future.

  • Understand the significance of ceteris paribus in separating variables for analytical purposes.
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KS
Kennedy SettjeJun 09, 2024
Final Answer :
A
Explanation :
Ceteris paribus is a Latin phrase that means "all other things being equal" or "holding other things constant" and is commonly used in economics to isolate the effect of one variable on another.