(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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Specific
PPC/PPF
Traditional Economy
U.S. Mint
Green
True
next best alternative
Greenbacks
the study of people and choices
Law of Supply
What will be produced? How it will be produced? For whom will they be produced for?
Federal Reserve System
No
ineffcient
Mixed Market Economy
Getting a speeding ticket if you are pulled over for speeding
Time
short-term goal
False
maximum employment & price stability
unattainable
maximum efficiency
commodity
Scarcity
The "gifts of nature" or natural resources not created by human effort.
opportunity cost
To figure out the opportunity cost.
Law of Demand
U.S. Bureau of Engraving & Printing
medium of exchange, unit of account, and store of value
$.01, $.05, $.10, $.25, $.50, $1.00
Mixed Market Economy
True
Adam Smith
Land, Labor, Entrepreneurship, Capital Goods
Federal Reserve
economic model
absence of competition, price-setting power, barriers to entry for potential competitors
scarcity
False
Barter
Command Economy
Lower interest rates
Market Economy
No, the Fed circulates the currency but does not print it, itself. Another agency under the Fed, does.
True
PACED Decision Making Model
Monetary Policy
businesses that compete for the same customers, and sell the same or similar items
Long-term goal
Marginal Utility
Checking account balances on which checks can be written
The Federal Reserve System
Lowering insurance rates for drives with strong record of safe driving.