Step-by-step explanation:
x = -2
x = -8
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If the federal reserve sells $40,000 in treasury bonds to a bank with 5% interest the immediate effect on the money supply is an decrease of $40,000.
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Find Slope :
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y = -2/7x + 9
Slope = -2/7
Perpendicular slope= 7/2
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Find y - intercept :
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y = mx + b
y = 7/2 x + b
At (4, -6)
-6 = 7/2 (4) + b
-6 = 14 + b
b = -6 - 14
b = -20
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Form equation :
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y = mx + b
y = 7/2 x - 20
2y = 7x - 40
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Answer: 2y = 7x - 40
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Answer:
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Step-by-step explanation: