Find the Linear Equation That Is the Straight Line Through $\left( 0 , - \frac { 1 } { 6 } \right)$

question 85

Essay

Find the linear equation that is the straight line through $\left( 0 , - \frac { 1 } { 6 } \right)$ with slope $\frac { 1 } { 4 }$ .
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Please enter your answer as an equation in the form $y = m x + b$ .

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Definitions:

Consumption

Consumption of goods and services within a household.

Disposable Income

Net financial assets for households dedicated to spending and saving, subsequent to income tax reductions.

Credit Availability

The ease with which individuals and businesses can obtain loans and other forms of credit from financial institutions.

Liquid Assets

Assets that can be quickly converted into cash with little impact on their value.