Assumption of Micro economics i e other things remaining constant: choose the correct option from the following
a. Economic Welfare
b. Eqilibrium
c. ceteris Paribus
d.Aggregate Demand
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Answer:
c. ceteris Paribus
Explanation:
macroeconomics is based on the assumption ‘ceteris paribus’. It is a Lain phrase which means ‘with other things being equal or held constant.’
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