1) If the relationship between the monetary aggregate and the goal variable is weak, then
A) monetary aggregate targeting is superior to exchange rate targeting.
B) monetary aggregate targeting is superior to inflation targeting.
C) inflation targeting is superior to exchange rate targeting.
D) monetary aggregate targeting will not work.
2) The monetary policy strategy that provides an immediate signal on target achievement is
A) exchange rate targeting.
B) monetary targeting.
C) inflation targeting.
D) the implicit nominal anchor.
3) The monetary policy strategy that relies on a stable money income relationship is
A) exchange rate targeting.
B) monetary targeting.
C) inflation targeting.
D) the implicit nominal anchor.