Concept information
Terme préférentiel
price and wage controls
Définition
- Wage and price controls are government policies designed to restrict the movement of wages and prices to their natural equilibrium market values. In a free market, prices tend toward an equilibrium value that equates the supply of a good or service with its demand. [Source: The Encyclopedia of Political Science; Price and Wage Controls]
Concept générique
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-RTNTXZVV-7
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