abstract:A price ceiling is a government-imposed price control or limit on how high a price is charged for a product. Governments intend price ceilings to protect consumers from conditions that could make necessary commodities unattainable.
Shanghai will raise the priceceiling on homes that qualify as "private ordinary homes" in a move that could spur sales, following a similar step by Beijing's municipal government in November.
Dr. Pai said he and the Clinton group canvassed the Indian laboratory industry, convincing 27 of the 400 laboratories in the country to agree to a priceceiling on the diagnostics they purchased at the steep discount.
Then it should announce an upper limit for the gold price and use Open Market operations to contract bank reserves as needed to enforce this ceilingprice.