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Economics - Microeconomics > 1.1.1- Economics As A Social Science > Flashcards

1.1.1- Economics As A Social Science Flashcards

1
Q

Ceteris Paribus definition

A

All other influencing factors besides the one you are testing are assumed constant

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2
Q

Economic model definition

A

A simplified representation of economic processes.

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Economics - Microeconomics (15 decks)

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