Milner Brewing Company experienced the following monthly sales (in thousands of barrels) during 2010:

  
Please fill the blanks in the table below to answer these three questions: (round to the nearest integers)
(a)        Develop 2-month moving average forecasts for May through July.
(b)        Develop 4-month moving average forecasts for May through July.
(c)        Develop forecasts for February through July using the exponential smoothing method (with w = .5). Begin by assuming  .

Monetary Policy

FOMC Press Release - 10/30/19

Watch the following video of Federal Reserve Chairman, Jerome Powell, presenting the findings of the last Federal Open Market Committee Meeting on October 30, 2019. You can click on the FOMC Press Conference Video, October 30, 2019, and watch about the first 10 minutes of the overall press conference in the Videos section of the Federal Reserve website.

Federal Reserve Videos (Links to an external site.)

1. What type of monetary policy are they using and why (expansionary or contractionary)? Explain.
2. What economic factors are they trying to mitigate with this policy?
3. How will the change implemented by the FOMC (Federal Open Market Committee) likely affect the macroeconomy according to the Chair?
4. Using the aggregate supply and aggregate demand model, explain the predicted impact of this monetary policy on Aggregate Demand, price level, Real GDP, and unemployment.
5. Include a correct graph (AS/AD) for this monetary policy.

the government often intervenes when private markets fail to provide an optimal level of certain goods and services for example the government imposes an excise tax on gasoline to account for the negative externality that drivers impose on one another why might the private Market not reach the socially optimal level traffic without the help of government?

Briefly, how and why do think humans and organizations can make adaptations to changing environments? Support your answer with related examples

Imagine that Canada did not have a market-based economy, but instead had a centrally controlled, planned economy. So, instead of letting private businesses make decisions about what to make, these are all made by government-controlled manufacturers and producers. You are one of the central planners, in charge of making decisions about what the government should produce. Your focus is on clothing. Explain the information you would need to know to improve the social efficiency of the clothes that are produced. Then, explain how the introduction of markets would improve the social efficiency of the production and distribution of clothing.

Four holes must be drilled in a casting which forms the housing for an electric motor. The holes may be located and drilled without the aid of a jig by a skilled machinist whose wage rate is $26 per hour. His production time will be 3.5 minutes per housing. A jig could be built at a cost of $600 permitting the holes to be drilled by a machinist at a lower skill level. In this case the lower wage rate would be $19 per hour and the production rate would be four minutes per housing. Which alternative would you recommend if 2,200 housings are to be produced?
b)The total production cost using no jig with a skilled machinist is?

Graph the market failure of Higher Education

What factors should be examined before opening business?

Note: The answer should be in simple language.

critically analyze race using the conflict theory

The IS curve shows the combinations of the real interest rate and the aggregate output that represent equilibrium in the market for goods and services. The MP curve represents Federal Reserve monetary policy. For each of the following, evaluate how the IS curve and MP curve might be affected (if at all):

• A decrease in financial frictions.
• An autonomous easing of monetary policy.
• An increase in the current inflation rate.
• Firms become more optimistic about the future of the economy.
• The new Federal Reserve chair begins to care more about fighting inflation.