On a graph showing the relationship between x and y, the ceteris paribus condition implies that
A) no other variables are related to x and y.
B) the value of x is held constant.
C) the value of y is held constant.
D) other variables not shown are held constant.
D
Economics
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Which of the following is not held constant when looking at an individual's demand curve?
a. income b. price c. preferences d. the availability of alternative goods
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When the transmission mechanism breaks down, macroeconomists call this the
A. debt ceiling. B. crowding in. C. crowding out. D. liquidity trap.
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