The Figure Below Illustrates the Supply and Demand Schedules of Swiss

True/False

The figure below illustrates the supply and demand schedules of Swiss francs under a system of floating exchange rates.
Figure 12.2.The Market for Swiss Francs

-Refer to Figure 12.2.If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest rates in the United States,the demand for francs would decrease,the supply of francs would increase,and the dollar's exchange value would appreciate.