The document explains how exercise affects breathing and pulse rates. It states that breathing and pulse rates increase during exercise to supply more oxygen, which is needed for aerobic respiration to release energy. The brain monitors carbon dioxide levels in the blood and signals the lungs to breathe faster to remove it if levels get too high. Aerobic respiration uses oxygen and its equation is given. Anaerobic respiration, which occurs during intense exercise when oxygen can't be supplied fast enough, is also discussed.