The equation of Line 1: 2x−4y=16 The equation of Line 2: y=−34x−3 The equation of Line 3: y−5=−2(x+1) Which statement is true? (2 points) Responses Line 3 has the least steep slope. Line 3 has the least steep slope. Line 2 has the biggest y-intercept. Line 2 has the biggest y-intercept. Line 1 has the biggest y-intercept. Line 1 has the biggest y-intercept. Line 1 has the steepest slope. Line 1 has the steepest slope. Line 2 has an increasing graph. Line 2 has an increasing graph. Line 3 has a decreasing graph.

The statement "Line 3 has the least steep slope" is true.