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A 2003–2004 survey done in France found that 36.9% of prices are cost-added (another 4% of prices were "regulated"). [5] Writing in 2006, Fabiani et al found that administered prices account for 42% of prices (of both goods and services) in Italy, 46% in Belgium, 52% in Spain, 65% in Portugal, and an average of 54% of all Eurozone prices ...
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
The prices in the Soviet economy were, for the most part, not market prices but administered prices set by the planning boards (there was also a black market, mainly for consumer goods). [75] Insofar as the social priorities of state policy ensured that people got what they needed, that was a good thing; but insofar as resources were wasted ...
The median price increase of the drugs being hiked Jan. 1 is 4.5%, which is in line with the median for all price increases last year. Drugmakers to raise US prices on over 250 medicines starting ...
The payroll mobility tax applies to businesses in New York City, on Long Island and in some Hudson Valley suburbs. Currently, New York City businesses with payrolls larger than $437,500 must pay 0 ...
Administered prices Gardiner Coit Means (June 8, 1896 [ 2 ] – February 15, 1988) [ 3 ] was an American economist who worked at Harvard University , where he met lawyer-diplomat Adolf A. Berle . Together they wrote the seminal work of corporate governance , The Modern Corporation and Private Property .
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