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- Subject
- Economics Mcqseconomics-mcqs
- Published
- 31 May 2020
- Last updated
- 28 May 2026
Who is credited with originally coining the term "helicopter money"?
Multiple choice question for Economics Mcqs. Select an option, then review the explanation below.
Explanation
The term "helicopter money" was first introduced by Milton Friedman in 1969 through a metaphor where money is dropped from a helicopter to demonstrate the impact of monetary expansion. This idea was later revisited by economists as a policy tool during the early 2000s, particularly after Japan's Lost Decade.
More Economics Mcqs
Practice related questions from the same subject.
- 1.According to the World Bank, countries are grouped into four categories based on which of the following criteria?
- 2.Automatic stabilizers belong to which category of economic policy tools?
- 3.What is the likely effect of an increase in the money supply?
- 4.Which economic concept illustrates the inverse connection between inflation and unemployment?
- 5.Which of the following does not constitute a part of the Gross Domestic Product (GDP)?