=+ what would happen to the price of medallions?

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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Question Posted: Oct 14, 2024 06:00 AM

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=+ what would happen to the price of medallions?
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=+c. If New York City increased the number of medallions by 1,000, selling the additional 1,000 at the market rate, and gave half the proceeds to owners of existing medallions,
=+ d. What would happen to the wealth of existing medallion owners?
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=+ what would happen to the price of medallions?

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Economics

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