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right now 15. The ble below prevent the schedule and one of them in the upply when the the demand schedule for and Switse (CHF)

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right now 15. The ble below prevent the schedule and one of them in the upply when the the demand schedule for and Switse (CHF) Plast the ruling questioned on this informatie Price of CHF Schedules A (O CHE Schedules unity of 50.40 6.000.000 10.000.000 50.45 7,000,000 9.000.000 SO SO 1,000,000 3.000.000 50.55 9,000,000 5.000.000 $0.60 10,000,000 4.000.000 50.65 12,000,000 3.000.000 088e8e- What would happen if both the US and the Swiss governments fixed the price of CHF 50.557 a. US demand for CHF would exceed the supply for CHF and there would be a shortage of SF in the foreign exchange market. b. US demand for CHF would be less than the supply of CHF and there would be a shortage of CHF in the foreign exchange market. c. US demand for CHF would exceed the supply of CHF and there would be a surplus of CHF in the foreign exchange market. d. Us demand for CHF would be less than the supply of CHF and there would be a surplus of CHF in the foreign exchange market. 16. The table below presents the schedules A and B. One of them is the supply schedule and the other demand schedule for and Swiss Franc (CHF). Please answer the following question based on this information: Price of CHF Schedules A (Quantity of CHF) Schedules B (Quantity of CHF) $0.40 6,000,000 10,000,000 $0.45 7,000,000 9,000,000 $0.50 8,000,000 8,000,000 $0.55 9,000,000 5,000,000 $0.60 10,000,000 4,000,000 $0.65 12,000,000 3,000,000 What would happen if both the US and the Swiss governments fixed the price of CHF at $0.45? a. There would be excess supply for 4,000,000 CHF b. There would be excess demand for 4.000.000 CHF c. There would be excess supply for 2,000,000 CHF d. There would be excess demand for 2,000,000 CHF

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