The average raise in base pay is expected to be 3.0 percent in 2015, up slightly from 2.9 percent in 2014, 2.8 percent in 2013 and 2.7 percent in 2012.These results are indicative of a steadily increasing trend.he average raise in base pay is expected to be 3.0 percent in 2015, up slightly from 2.9 percent in 2014, 2.8 percent in 2013 and 2.7 percent in 2012.
In summary, ceteris paribus is the commonly used Latin phrase meaning 'all other things remaining constant.' The concept of 'ceteris paribus' is important in economics because in the real world, it is usually hard to isolate all the different variables that may influence or change the outcome of what you are studying.
'Carpe' translates literally as 'pluck', with particular reference to the picking of fruit, so a more accurate rendition is 'enjoy the day, pluck the day when it is ripe'. The extended version of the phrase 'carpe diem, quam minimum credula postero' translates as 'pluck the day, trusting as little as possible in the future'. The meaning is similar to that of many proverbs that we continue to use in English and is a warning to make the most of the time we have, with the implication that our time on Earth is short.