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BigorU [14]
4 years ago
9

The important act of holding all other variables constant while examining a particular variable is known as:

Social Studies
1 answer:
algol [13]4 years ago
8 0
The answer is ceteris paribus. This is a Latin phrase that means "other things equal". Other English translations of the phrase also are the following: "all other things being equal" or "other things held constant" or "all else unchanged". This is significant to Economics since it aids isolate multiple independent variables affecting a dependent variable.
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