(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
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False
Lowering insurance rates for drives with strong record of safe driving.
To figure out the opportunity cost.
Monetary Policy
No
Federal Reserve System
next best alternative
absence of competition, price-setting power, barriers to entry for potential competitors
Barter
Checking account balances on which checks can be written
maximum efficiency
Traditional Economy
U.S. Bureau of Engraving & Printing
Mixed Market Economy
Greenbacks
Long-term goal
Lower interest rates
Federal Reserve
True
Mixed Market Economy
ineffcient
Equilibrium Price
Command Economy
unattainable
short-term goal
Land, Labor, Entrepreneurship, Capital Goods
$.01, $.05, $.10, $.25, $.50, $1.00
opportunity cost
Specific
What will be produced? How it will be produced? For whom will they be produced for?
Green
The Federal Reserve System
Adam Smith
businesses that compete for the same customers, and sell the same or similar items
False
PPC/PPF
True
The "gifts of nature" or natural resources not created by human effort.
maximum employment & price stability
Law of Supply
True
commodity
U.S. Mint
No, the Fed circulates the currency but does not print it, itself. Another agency under the Fed, does.
Market Economy
the study of people and choices
Time
economic model
PACED Decision Making Model
Getting a speeding ticket if you are pulled over for speeding
Marginal Utility
medium of exchange, unit of account, and store of value