Definitions for price controls
price con·trols

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1. Price controls

   Price controls are governmental restrictions on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or a minimum wage. There are two primary forms of price control, a price ceiling, the maximum price that can be charged, and a price floor, the minimum price that can be charged. Historically, price controls have often been imposed as part of a larger incomes policy package also employing wage controls and other regulatory elements. Although price controls are sometimes used by governments, economists usually agree that price controls don't accomplish what they are intended to do and are generally to be avoided. For example, nearly three-quarters of economists surveyed disagreed with the statement, "Wage-price controls are a useful policy option in the control of inflation."

How to pronounce price controls?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say price controls in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of price controls in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of price controls in Pythagorean Numerology is: 5

Examples of price controls in a Sentence

1. Robert McNally:

   Were we to resort to price controls and price caps, then we could have shortages.

2. Jochen Homann:

   We are now examining whether and which regions cable (operators) have a dominant market position - there are regions where this appears no longer to be out of the question, there, providers may be required to open up their infrastructure to other providers. Price controls would also be thinkable.

3. Anthony Simond:

   Bonds were up four or five points at the open and economic adjustment to currency regime, price controls, fuel subsidies could also be forthcoming.

4. Gary Clyde Hufauer:

   Europe would have had to resort to price controls and rationing, that would be very unpopular. They weren't willing to pay the price.

5. Peter Tuz:

   The fear is that price controls stifle innovation. It hasn't happened yet, they'll have to sharpen their pencils and recalculate what their outlook is for new drugs and whether they're worth still developing.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Price_Controls