The Figure Given Below Depicts the Foreign Exchange Market for British

question 74

Multiple Choice

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-How many U.S. dollars does a U.S. importer need to pay for 100,000 yen worth of stereo equipment when the price of 1 yen is $0.008?

• A)$125 million
• B)$1.25 million
• C)$80,000
• D)$1,250
• E)$800

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Definitions:

Hydrogen Ions

Positively charged ions (H+) that are formed when hydrogen atoms lose or gain an electron and are central to acid-base chemistry.

Cytochrome Molecules

Proteins found within cells that play key roles in electron transport and energy production within mitochondria.

Electron Transport Chain

A series of complexes that transfer electrons from electron donors to electron acceptors via redox reactions and couples this electron transfer with the transfer of protons (H+ ions) across a membrane.

Cristae

Short, fingerlike projections formed by the folding of the inner membrane of mitochondria.