Please explain extensively, which monetary policy strategy (MONETARY TARGETING, INFLATION TARGETING OR IMPLICIT NOMINAL ANCHOR) would be or would have been most appropriate for the following countries (and why, obviously) a) A small, open economy The Netherlands, UNTILl the establishment of Economic and Monetary Union in 1999 b) A large, closed economy the United States, from the 1990s onwards c) A medium sized to large emerging market economy CAN YOU HELP ME PLS I'M HOPELESS (

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Question: Please explain extensively, which monetary policy strategy (MONETARY TARGETING, INFLATION TARGETING OR IMPLICIT NOMINAL ANCHOR) would be or would have been most appropriate for the

Please explain extensively, which monetary policy strategy (MONETARY TARGETING, INFLATION TARGETING OR IMPLICIT NOMINAL ANCHOR) would be or would have been most appropriate for the following countries (and why, obviously):

a) A small, open economy: The Netherlands, UNTILl the establishment of Economic and Monetary Union in 1999;
b) A large, closed economy: the United States, from the 1990s onwards;
c) A medium-sized to large emerging market economy

CAN YOU HELP ME PLS I'M HOPELESS :(

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