Ceteris paribus, literally "holding other things constant," is a Latin phrase that is commonly translated into English as "all else being equal."
- What is the literal translation of ceteris paribus?
- What is ceteris translation?
- What is another name for ceteris paribus?
- What is the English sentence of ceteris paribus?
What is the literal translation of ceteris paribus?
The Latin phrase “ceteris paribus” or “caeteris paribus”—literally meaning “other things being equal”— was used in a non-technical sense by Cicero.
What is ceteris translation?
Ceteris paribus can be translated into "all other things being equal" or "holding other factors constant." For economic analysis, ceteris paribus means that when considering the effect of one economic variable on another, all other factors that may affect the second variable are held constant.
What is another name for ceteris paribus?
Ceteris paribus (also spelled caeteris paribus; (Modern Latin: [ˈse. tɛ. ris ˈpa. ri. bus]) is a Latin phrase, meaning "other things equal"; some other English translations of the phrase are "all other things being equal", "other things held constant", "all else unchanged", and "all else being equal".
What is the English sentence of ceteris paribus?
if everything else remains the same; other things being equal: This will have the effect of raising the demand and, ceteris paribus, the price. Ceteris paribus, the economic profit expected is higher the lower the perceived governance costs.