price ceiling; pegged price

简明释义

限定价格

英英释义

例句

1.The government imposed a price ceiling 价格上限 on rent to make housing more affordable for low-income families.

政府对租金施加了价格上限 价格上限，以使低收入家庭的住房更负担得起。

2.The introduction of a price ceiling 价格上限 on basic food items led to shortages in the market.

对基本食品项目引入的价格上限 价格上限导致市场出现短缺。

3.In an attempt to stabilize the economy, the central bank set a pegged price 固定价格 for gold.

为了稳定经济，中央银行设定了黄金的固定价格 固定价格。

4.A pegged price 固定价格 system can help reduce inflation by stabilizing the cost of essential goods.

通过稳定必需品的成本，固定价格 固定价格系统可以帮助降低通货膨胀。

5.When the price ceiling 价格上限 was enacted, landlords began to convert their properties into condominiums.

当价格上限 价格上限实施时，房东开始将他们的房产转变为公寓。

作文

In economics, the terms price ceiling (价格上限) and pegged price (固定价格) are crucial concepts that help us understand how markets operate under different regulatory frameworks. A price ceiling is a government-imposed limit on how high a price can be charged for a product. This is typically implemented to protect consumers from excessively high prices, especially in essential goods such as food and housing. For instance, during times of crisis or natural disasters, governments may impose a price ceiling on basic necessities to ensure that everyone can afford them. However, while this may seem beneficial in the short term, it can lead to unintended consequences such as shortages. When prices are kept artificially low, suppliers may not find it profitable to produce enough of the good, leading to a situation where demand exceeds supply.On the other hand, a pegged price refers to a fixed exchange rate or price set by the government or a central authority. This is often seen in currency markets where a country's currency value is tied to another major currency, such as the US dollar. By maintaining a pegged price, a government aims to stabilize its currency and control inflation. For example, if a country pegs its currency to the dollar at a rate of 1:1, it commits to exchanging its currency for dollars at that rate. While this can provide stability and predictability in international trade, it also requires the government to maintain sufficient foreign reserves to support the peg. If the market forces push the value of the currency away from the pegged rate, the government may need to intervene, which can lead to economic strain.Both price ceilings and pegged prices illustrate the delicate balance between regulation and market forces. While these mechanisms can provide short-term relief or stability, they can also disrupt the natural equilibrium of supply and demand. For instance, in the case of a price ceiling, while consumers benefit from lower prices, the resulting shortage can lead to long lines and black markets. Similarly, a pegged price can create a false sense of security in a currency's value, but if the underlying economic fundamentals do not support the peg, it can result in a sudden devaluation, causing chaos in the economy.Ultimately, understanding the implications of price ceilings and pegged prices is essential for policymakers. They must carefully consider the potential benefits and drawbacks of such interventions in the market. Striking the right balance between protecting consumers and ensuring that producers remain incentivized to supply goods is a challenging task. In conclusion, while price ceilings and pegged prices serve important roles in economic policy, their effectiveness largely depends on the broader context of the economy and the specific circumstances surrounding their implementation.

在经济学中，术语价格上限和固定价格是关键概念，有助于我们理解市场在不同监管框架下的运作。价格上限是政府施加的对产品售价的最高限制。这通常是为了保护消费者免受过高价格的影响，尤其是在食品和住房等基本商品方面。例如，在危机或自然灾害期间，政府可能会对基本生活必需品施加价格上限，以确保每个人都能负担得起。然而，尽管这在短期内看似有利，但它可能导致意想不到的后果，如短缺。当价格被人为压低时，供应商可能会发现生产足够商品没有利润，从而导致需求超过供应。另一方面，固定价格是指由政府或中央当局设定的固定汇率或价格。这通常出现在货币市场中，一个国家的货币价值与另一种主要货币（如美元）挂钩。通过维持固定价格，政府旨在稳定其货币并控制通货膨胀。例如，如果一个国家将其货币与美元以1:1的比例挂钩，它承诺以该比例将其货币兑换成美元。虽然这可以在国际贸易中提供稳定性和可预测性，但它也要求政府保持足够的外汇储备以支持这一挂钩。如果市场力量推动货币价值偏离固定汇率，政府可能需要干预，这可能导致经济压力。价格上限和固定价格都说明了监管与市场力量之间的微妙平衡。虽然这些机制可以提供短期救济或稳定，但它们也可能破坏供需的自然平衡。例如，在价格上限的情况下，尽管消费者从较低的价格中受益，但随之而来的短缺可能导致长队和黑市。同样，固定价格可能在货币价值上创造一种虚假的安全感，但如果基本经济面不支持该挂钩，可能会导致突然贬值，从而使经济陷入混乱。最终，理解价格上限和固定价格的影响对于政策制定者至关重要。他们必须仔细考虑这种市场干预的潜在好处和缺点。在保护消费者与确保生产者仍然有动力供应商品之间取得适当平衡是一项具有挑战性的任务。总之，尽管价格上限和固定价格在经济政策中发挥着重要作用，但其有效性在很大程度上取决于经济的更广泛背景和实施时的具体情况。