2007-12-14 17:03:44 · 6 answers · asked by CD 1 in Social Science ➔ Economics
As noted by the other answers, "caveat emptor" is normally translated as "let the buyer beware"
"Ceteris paribus" is normally translated as something like "let everything else stay equal (or the same)." For example, an economist talking about the impact of interest rates on GDP might say that a reduction in interest rates, ceteris paribus, will result in an increase in investment spending and, thus, an increase in GDP. Of course, a reduction in interest rates might cause changes in consumption patterns (both total spending and imports/exports ratio) that offsets the benefits of a reduction of interest rates on investment.
2007-12-14 17:22:18 · answer #1 · answered by Tmess2 7 · 0⤊ 0⤋
Buyer Beware Meaning
2016-12-17 05:49:08 · answer #2 · answered by sarris 4 · 0⤊ 0⤋
No. Caveat emptor is let the buyer beware.
Ceteris paribus means "all things being equal." When you say "c.p." it is a way of saying that you are only changing one variable for the question at hand.
2007-12-14 19:06:35 · answer #3 · answered by hudson r 2 · 1⤊ 0⤋
Caveat Emptor
2016-05-24 01:03:29 · answer #4 · answered by ? 3 · 0⤊ 0⤋
Charley is right. I remember that phrase from an episode of the Brady Bunch-way back in the 70's. And I don't mean from syndication either.
2007-12-14 17:14:10 · answer #5 · answered by Miss Redwing 4 · 0⤊ 0⤋
No, let the buyer beware is "caveat emptor." Sorry, don't know the other phrase.
2007-12-14 17:07:36 · answer #6 · answered by Charley 4 · 1⤊ 0⤋