?

AP® Macroeconomics

Free Version

Upgrade subject to access all content

Moderate

Ceteris Paribus Applied

APMACR-OJEKYB

Which of the following is the best explanation of how economists apply the Latin phrase "ceteris paribus"?

A

How variable M affects variable N given the context of variable P.

B

How both variable M and variable N affect each other given the context of variable P.

C

How variable M affects variable N absent consideration of variable P.

D

How both variable M and variable N affect each other absent the context of variable P.

E

Both A and B above are correct answer choices.