3.8 And 3.9

Question 1

What does ceteris Paribus mean

Answer 1

Simplifying analysis by setting aside things that are thought to be of less importance

Question 2

Explain trial and error calculations

Answer 2

People aren’t going to use the mathematical equations economists to do figure out these dilemmas but they will go through trial and error for what works best for them

Question 3

Explain what a representative worker is

Answer 3

When we assume the average behaviour of a large group through and individual who is common in that group and assume that their behaviour will be similar

Question 4

Explain the influence of culture on politics

Answer 4

The culture of workers can force governments to limit working hours and increase them. If they refuse they could simply support the party in that would support it