Need the below answer

(b) The following are the economic data for Country ABC: 2017 2018 2019 Unemployment rate 4.0% 5.5% 7.5% CPI (Inflation rate) 3.0% 2.5% 2.0% GDP Growth Rate +8.0% +7.5% +6.0% (i) What is the economic problem facing by Country ABC? Explain the reasoning behind your answer. (ii) As a member of the Central Bank, what changes in the reserve ratio, the discount rate, and open-market operation would you recommend? (iii) Explain in each case from part (ii), how the change you advocate would affect the money supply, interest rate and aggregate output (or real GDP)? (iv) Which single monetary policy instrument in part (ii) do you think is the most useful in combatting recession. Briefly explain your