DEFINITION of 'Ceteris Paribus'

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Offline Md. Alamgir Hossan

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DEFINITION of 'Ceteris Paribus'
« on: March 25, 2017, 10:26:58 AM »
Latin phrase that translates approximately to "holding other things constant" and is usually rendered in English as "all other things being equal". In economics and finance, the term is used as shorthand for indicating the effect of one economic variable on another, holding constant all other variables that may affect the second variable.