Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:1. The concept behind the latin phrase "ceteris
paribus" is most associated with:
Reductionism
Overdetermination
Anti-essentialism
2.Consider the statement:
"As a child I was taught that the atom was the
smallest particle. When scientists discovered even
smaller ones, I changed my belief. New information
brings us closer to the essential truth."
What way of thinking does this statement express?
Non-essentialism
Absolutist
Essentialism
Relativist
Marxism
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