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In a short paragraph, describe your planto address this scenario from thePERSPECTIVE OF AN ECONOMYMANAGER EQUIPPED WITH MONETARYAND FISCAL POLICY INSTRUMENTS.Cite sources if needed 1.

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In a short paragraph, describe your planto address this scenario from thePERSPECTIVE OF AN ECONOMYMANAGER EQUIPPED WITH MONETARYAND FISCAL POLICY INSTRUMENTS.Cite sources if needed

image text in transcribed
1. Social media advertisements promoting unregulated cryptocurrency brokers tend to attract many Overseas Filipino Workers (OFWs) who are looking forlan investment vehicle with high returns. Thousands of OFWs are planning to withdraw all their savings from commercial banks in the Philippines in order to hire these "brokers" they encountered online and maximize gains from a highly volatile cryptocurrency market. How will you, as Central Bank governor, respond to this situation? (5 PTS.)

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