The receptor to which a neurotransmitter binds determines whether that neurotransmitter has an excitatory or inhibitory effect.

Name: The receptor to which a neurotransmitter binds determines whether that neurotransmitter has an excitatory or inhibitory effect.
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This statement is true. The receptor is the site on the neuron where the neurotransmitter binds, and the type of receptor determines whether the neurotransmitter will produce an excitatory or inhibitory effect on the receiving neuron.

The Receptor to Which a Neurotransmitter Binds Determines Whether That