incomes policy

Collective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of inflation, but it may also indicate efforts to alter the distribution of income among workers, industries, locations, or occupational groups. Seealso wage-price control.

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In control theory, states are what characterize a system. With linear systems states are not unique, but can be transformed into equivalent states using certain linear transformations.

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