If the Price of a Burger Is $2

question 24

Multiple Choice

If the price of a burger is $2.90 Canadian in Toronto and $3 U.S.in New York, and if purchasing power parity holds, then the exchange rate is

• A)103 cents U.S.per Canadian dollar.
• B)$1 U.S.per Canadian dollar.
• C)$3 U.S.per Canadian dollar.
• D)97 cents U.S.per Canadian dollar.
• E)$0.80 Canadian per U.S.dollar.

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Definitions:

Hyperpolarization

An increase in a cell's membrane potential, making it more negative and reducing the likelihood of generating an action potential.

Cell Body

The spherical part of a neuron that contains the nucleus and connects to the dendrites and the axon, playing a crucial role in processing information.

Dorsal Root Ganglion

A cluster of nerve cell bodies (neurons) in a dorsal root of a spinal nerve.

Satellite Cells

Cells located at the periphery of skeletal muscle fibers, involved in the repair and regeneration of damaged muscle tissue.