Editions for The Practical Skeptic: Readings in Sociology: 0073404438 (Paperback published in 2010), 0767420780 (Paperback published in 2001), 0078026881... Editions for The Practical Skeptic: Readings in Sociology: 0073404438 (Paperback published in 2010), 0767420780 (Paperback published in 2001), 0078026881... Home My Books
Ceteris paribus or caeteris paribus is a Latin phrase meaning with other things the same or all or other things being equal or held constant or  all other things being equal  or  all else being equal .
1 An increase in the price level (i.e., inflation), ceteris paribus, will cause an increase in average interest rates in an economy. 2  In contrast, a decrease in the price level (deflation), ceteris paribus, will cause a decrease in average interest rates in an economy.his means that in the period during which the price level increases, inflation is occurring. Thus studying the effects of a price level increase is the same as studying the effects of inflation.