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Table 15.1. The Market for Francs

Question 161

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Table 15.1.
The Market for Francs
Table 15.1. The Market for Francs -Refer to Table 15.1.If monetary authorities fix the exchange rate at $0.30 per franc,there will be a: A) Shortage of 200 francs B) Shortage of 400 francs C) Surplus of 200 francs D) Surplus of 400 francs
-Refer to Table 15.1.If monetary authorities fix the exchange rate at $0.30 per franc,there will be a:


A) Shortage of 200 francs
B) Shortage of 400 francs
C) Surplus of 200 francs
D) Surplus of 400 francs

Correct Answer:

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