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.
Parens patriae is a concept in the law which is invoked by the state when it needs to act in the role of a parent to a citizen.Translated, the term means âparent of the nation,â and it has its roots in English common law.hese 10 animal facts will amaze you. Parens patriae is a concept in the law which is invoked by the state when it needs to act in the role of a parent to a citizen. Translated, the term means âparent of the nation,â and it has its roots in English common law.