Meaning of MONIAC | Babel Free

Definitions

Acronym of Monetary National Income Analogue Computer.

abbreviation, acronym, alt-of

Examples

“An amusing invention was the MONIAC (MOnetary National Income Analogue Computer) hydraulic macroeconomic machine where flows of investment or export were represented by streaming coloured water in transparent tubes, and the stock of money by a water tank, whereas taxation was controlled through a valve.”

CEFR level