answersLogoWhite

0


Best Answer

all things being equal

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does ceteris paribus mean to an economist in reference to a condtion that almost never happens?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the significant of ceteris paribus for study of demand?

Ceteris paribus means all other factors remain the same, so if you want to see what happens when demand changes, you have to eliminate any other changes that may affect the results of your study.


What happens to supply curve when more producers enter the market?

In normal circumstances, ceteris paribus, the supply curve shifts left as competition drives down prices.


Why can economists also be considered scientists?

Economics is a social science. Indeed this is true, here is an example of an economist "playing the role" of a scientist. As with other scientists, such as biologists, an economist observes inflation, creates a theory that excessive growth in the money supply causes inflation. As with the biologist, that scientist also makes an observation and creates a theory as to why the observation takes place. The economist collects data on money growth and inflation to see if there is a relationship. This "collecting" in economics is difficult because "data" cannot be seen in, or made from experiments. Unlike the biologist, the economist cannot manipulate an economy in a test tube. What happens is that data from previous historical events are observed to come to a conclusion. While the biologist can formulate a chemical cure for a disease, the economist is plagued with far too many scenarios. If that were not so, then a way to "beat" the economic cycle would have already been formulated.


What are minutes of meetings?

they are instant written record of the meetings. The idea is to record the main structure of the issues discussed during the meeting and take down key and important points for further reference in future.


With reference to the circular flow model of the economy explain what happens to economic growth unemployment and inflation when injections exceed withdrawals or leakages?

When injection exceeds leakage aggregate demand will high it followed by high employment , with rise in price economic growth will ensures . For detail explanation you can take from Tutorpace

Related questions

What is the significant of ceteris paribus for study of demand?

Ceteris paribus means all other factors remain the same, so if you want to see what happens when demand changes, you have to eliminate any other changes that may affect the results of your study.


What happens to supply curve when more producers enter the market?

In normal circumstances, ceteris paribus, the supply curve shifts left as competition drives down prices.


What happens when you copy a formula that contains an absolute reference to a new location?

only d formula will b copied not the reference..


What happens to an objects length if its close to the speed of light?

It depends on the observer's frame of reference.


Why can economists also be considered scientists?

Economics is a social science. Indeed this is true, here is an example of an economist "playing the role" of a scientist. As with other scientists, such as biologists, an economist observes inflation, creates a theory that excessive growth in the money supply causes inflation. As with the biologist, that scientist also makes an observation and creates a theory as to why the observation takes place. The economist collects data on money growth and inflation to see if there is a relationship. This "collecting" in economics is difficult because "data" cannot be seen in, or made from experiments. Unlike the biologist, the economist cannot manipulate an economy in a test tube. What happens is that data from previous historical events are observed to come to a conclusion. While the biologist can formulate a chemical cure for a disease, the economist is plagued with far too many scenarios. If that were not so, then a way to "beat" the economic cycle would have already been formulated.


I've heard people shout NOONAN when something surprising happens - what is this a reference to?

A repeated mistake, to do something wrong repeatedly.


What is the motorcraft cross reference for a napa 1068?

There was no direct link from Napa Gold 1068 to MotorCraft, so i checked ACDelco, and they did have a cross reference. Napa 1068 is an ACDelco PF13, and that happens to be an FL-300. Hope that helps!


What does REF mean in Excel?

The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.


If you voluntarily turn in your automobile what happens to you in reference to the balance owed on the vehicle?

You are still legally obligated to pay the balance of the car note regardless.


Is a Relative Reference a Cell Address?

Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.Not exactly. Every cell has an address. When using the addresses in formulas, they are referring to a cell. When a formula is copied, what happens to the cell references differs, depending on the type of cell reference. See the related question below.


What happens if a final keyword is applied to identifier?

The final keyword indicates that a variable (identifier) can not change his value. In case the variable refers to a reference variable (an object) the values of variables inside (the object) can change but the reference can be reassigned (to another object).


What happens if I don't show for a show cause order?

Can't answer your question without more information. Much depends on what the "show cause order" is in reference to.