If the federal reserve sells $60,000 in treasury bonds to a bank at 6% interest, what is the immediate effect on the money supply?

a. it is increased by $60,000.
b. it is decreased by $2400.
c. it is increased by $2400.
d. it is decreased by $60,000.

Abucket of paint has spilled on a tile floor. the paint flow can be expressed with the function p(t) = 6(t), where t represents time in minutes and p represents how far the paint is spreading. the flowing paint is creating a circular pattern on the tile. the area of the pattern can be expressed as a(p) = 3.14(p)^2 part a: find the area of the circle of spilled paint as a function of time, or a[p(t)]. show your work. part b: how large is the area of spilled paint after 8 minutes? you may use 3.14 to approximate pi in this problem.