Question: Question 17 1 pts The table below presents the schedules A and B. One of them is the supply schedule and the other demand schechule

Question 17 1 pts The table below presents the schedules A and B. One of them is the supply schedule and the other demand schechule for and Swiss Franc (CHA Please answer the following question based on this information: Price of SF Schedules B (Quantity of CHF) $0.40 2,000,000 Schedules A Quantity of CHF) 12,000,000 10,000,000 8,000,000 $0.45 3,000,000 $0.50 4,000,000 5,000,000 6,000,000 $0.55 5,000,000 $0.60 3,000,000 7,000,000 $0.65 2.000.000 What would happen it both the US and the Swiss governments fixed the price of CHF at 50.60? There would be excess supply for 3.000.000 CHF There would be excest supply for 2.000.000 CHF There would be excess demand for 3000.000 CHF There would be exces demand for 2.000.000 CHF

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