All things being equal what does the economics catch-phrase ceteris paribus mean when translated from Latin to English?

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1219610

2026-08-14 19:50

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"Ceteris paribus" translates to "all other things being equal" in English. In economics, this term is used to isolate the effect of a specific variable by assuming that all other factors remain constant. This allows economists to analyze the impact of individual factors on a particular outcome without the interference of other variables.

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