Q-1. You are the new Governor of State Bank of Pakistan after Reza Baqir. For each of the situations listed below, decide if you would use Easy-Monetary policy or Tight-Monetary policy. Explain each scenario within 150 words. Scenarios: Q-1. (A). RGDP dropped from 3 percent to 1 percent in the last year. Answer: Q-1. (B). The CPI and GDP deflator have risen 3 percent in the last six months. Answer: Q-1. (C). Commercial interest rates are rising, but the SBP has not raised rates