$\text { Consider the function } f ( x ) = 11 x - x ^ { 2 } \text { and the point } p ( 4,28 ) \text { on the graph of }$

question 24

Multiple Choice

$\text { Consider the function } f ( x ) = 11 x - x ^ { 2 } \text { and the point } p ( 4,28 ) \text { on the graph of }$ $f$ . Find the slope of the secant line passing through $P ( 4,28 )$ and $Q ( x , f ( x ) )$ for $x = 5$ . Round your answer to one decimal place.

• A) \(3.5\)
• B) \(2.0\)
• C) \(3.0\)
• D) \(4.5\)
• E) \(9.0\)

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Definitions:

Excess Reserves

The reserves that banks hold in excess of the required minimum, often held in the central bank, which can lend them out to generate interest.

New Loans

Any sums of borrowed money that have recently been provided by a lender to a borrower.

Reserve Requirement

The minimum amount of reserves a bank must hold against deposits, set by the central bank, influencing the money supply and banking stability. A rephrased definition since "Required Reserves" is a similar concept.

Open Market Purchase

An activity by a central bank to buy securities in the open market to increase the money supply and stimulate economic growth.