The following table indicates the dollar price of libras, the currency used in the hypothetical nation of Libra.Assume that a system of flexible exchange rates is in place. 
Refer to the above table.The equilibrium dollar price of libras is:
Definitions:
Journal Entry
A record of a financial transaction in an accounting system, noting the accounts and amounts debited and credited.
Interest Expense
The cost incurred by an entity for borrowed funds, often expressed as an annual percentage of the principal.
Discount on Bonds Payable
The difference between the face value of a bond and its selling price, when the bond is sold for less than its face value.
Cash
Money in the form of coins or banknotes, especially that of a country or a particular denomination.
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