Friedman's concept of "helicopter money" refers to: a) Money dropped from helicopters as a form of government stimulus b) Money created by central banks and distributed directly to citizens c) Money used to fund military operations during wartime ↓ d) Money used to finance infrastructure projects and public works

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Money And The Banking System
Section: Chapter Questions
Problem 9CQ
icon
Related questions
Question
Economics: altogether to allow for free market competition 26. Friedman's concept of "helicopter money" refers to: a)
Money dropped from helicopters as a form of government stimulus b) Money created by central banks and distributed
directly to citizens c) Money used to fund military operations during wartime d) Money used to finance infrastructure
projects and public works
altogether to allow for free market
competition
26. Friedman's concept of "helicopter money"
refers to:
a) Money dropped from helicopters as a
form of government stimulus
b) Money created by central banks and
distributed directly to citizens
c) Money used to fund military operations
during wartime ✓
d) Money used to finance infrastructure
projects and public works
Transcribed Image Text:Economics: altogether to allow for free market competition 26. Friedman's concept of "helicopter money" refers to: a) Money dropped from helicopters as a form of government stimulus b) Money created by central banks and distributed directly to citizens c) Money used to fund military operations during wartime d) Money used to finance infrastructure projects and public works altogether to allow for free market competition 26. Friedman's concept of "helicopter money" refers to: a) Money dropped from helicopters as a form of government stimulus b) Money created by central banks and distributed directly to citizens c) Money used to fund military operations during wartime ✓ d) Money used to finance infrastructure projects and public works
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Optimal Capital Budget
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax