Question: Question 40 1 pts The table below presents the schedules A and B. One of them is the supply schedule and the other demand schedule

Question 40 1 pts The table below presents the schedules A and B. One of them is the supply schedule and the other demand schedule for and Swiss Francs (CHF). Please answer the following question based on this information: Price of SF Schedules A (Quantity of CHF) Schedules B (Quantity of CHF) $0.40 12.000.000 2,000,000 $0.45 10.000.000 3,000,000 $0.50 8,000,000 4.000.000 $0.55 5,000,000 5,000,000 $0.60 3,000,000 6.000,000 $0.65 2,000,000 7.000.000 What would happen if both the US and the Swiss governments fixed the price of CHF at $0.60? There would be excess demand for 3,000,000 CHF There would be excess supply for 2,000,000 CHF There would be excess supply for 3,000,000 CHF There would be excess demand for 2,000,000 CHA 1 pts - Question 41
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