Professor John Taylor suggested using which set of values for the Taylor rule?
A) $\bar { r } = 2 \% ; \bar { \pi } = 2 \% ; \bar { m } = 1 / 2 \%$
B) $\bar { r } = 1 \% ; \pi = 1 \% ; \bar { m } = 1 \%$
C) $\bar { r } = 2 \% ; \bar { r } = 2 \% ; \bar { m } = 2 \%$
D) $\bar { r } = 1 / 2 \% ; \bar { \pi } = 0 \% ; \bar { m } = 1 / 2 \%$
E) $\bar { r } = 1 / 2 \% ; \bar { \pi } = 1 / 2 \% ; \bar { m } = 2 \%$

Question

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Professor John Taylor suggested using $\bar { r } = 2 \% ; \bar { \pi } = 2 \% ; \bar { m } = 1 / 2 \%$ for the Taylor rule, which is a guideline for setting interest rates based on inflation and economic output.

Professor John Taylor Suggested Using Which Set of Values for the Taylor