Who is credited with originally coining the term "helicopter money"?

Economics Mcqs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Economics Mcqseconomics-mcqs
Published
31 May 2020
Last updated
28 May 2026

Browse all Economics Mcqs

Choose the correct answer

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.

Subcategories

PakQuizHub — free MCQs and past papers for Pakistan government job tests. Content is for educational practice only.