SpecificAdamSmithTrueTimeTraditionalEconomyPACEDDecisionMakingModelabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsbusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsMarketEconomymedium ofexchange,unit ofaccount, andstore of valueineffcientunattainableMixedMarketEconomycommodityEquilibriumPriceLoweringinsurance ratesfor drives withstrong record ofsafe driving.FalseLowerinterestratesmaximumemployment& pricestabilityCommandEconomyFederalReserveFalseU.S.MintGreen$.01, $.05,$.10, $.25,$.50,$1.00MonetaryPolicyLong-termgoalFederalReserveSystemThe "gifts ofnature" ornaturalresources notcreated byhuman effort.To figureout theopportunitycost.scarcityPPC/PPFMarginalUtilityGreenbacksLaw ofDemandU.S.Bureau ofEngraving& PrintingTrueopportunitycostnext bestalternativeTheFederalReserveSystemBarterGetting aspeeding ticketif you arepulled over forspeedingLaw ofSupplyeconomicmodelshort-termgoalthe studyof peopleandchoicesmaximumefficiencyTrueNoLand, Labor,Entrepreneurship,Capital GoodsCheckingaccountbalances onwhich checkscan be writtenScarcityMixedMarketEconomyNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.What will beproduced? How itwill be produced?For whom willthey be producedfor?SpecificAdamSmithTrueTimeTraditionalEconomyPACEDDecisionMakingModelabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsbusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsMarketEconomymedium ofexchange,unit ofaccount, andstore of valueineffcientunattainableMixedMarketEconomycommodityEquilibriumPriceLoweringinsurance ratesfor drives withstrong record ofsafe driving.FalseLowerinterestratesmaximumemployment& pricestabilityCommandEconomyFederalReserveFalseU.S.MintGreen$.01, $.05,$.10, $.25,$.50,$1.00MonetaryPolicyLong-termgoalFederalReserveSystemThe "gifts ofnature" ornaturalresources notcreated byhuman effort.To figureout theopportunitycost.scarcityPPC/PPFMarginalUtilityGreenbacksLaw ofDemandU.S.Bureau ofEngraving& PrintingTrueopportunitycostnext bestalternativeTheFederalReserveSystemBarterGetting aspeeding ticketif you arepulled over forspeedingLaw ofSupplyeconomicmodelshort-termgoalthe studyof peopleandchoicesmaximumefficiencyTrueNoLand, Labor,Entrepreneurship,Capital GoodsCheckingaccountbalances onwhich checkscan be writtenScarcityMixedMarketEconomyNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.What will beproduced? How itwill be produced?For whom willthey be producedfor?

Economics & Money Key Facts Review - Call List

(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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  1. Specific
  2. Adam Smith
  3. True
  4. Time
  5. Traditional Economy
  6. PACED Decision Making Model
  7. absence of competition, price-setting power, barriers to entry for potential competitors
  8. businesses that compete for the same customers, and sell the same or similar items
  9. Market Economy
  10. medium of exchange, unit of account, and store of value
  11. ineffcient
  12. unattainable
  13. Mixed Market Economy
  14. commodity
  15. Equilibrium Price
  16. Lowering insurance rates for drives with strong record of safe driving.
  17. False
  18. Lower interest rates
  19. maximum employment & price stability
  20. Command Economy
  21. Federal Reserve
  22. False
  23. U.S. Mint
  24. Green
  25. $.01, $.05, $.10, $.25, $.50, $1.00
  26. Monetary Policy
  27. Long-term goal
  28. Federal Reserve System
  29. The "gifts of nature" or natural resources not created by human effort.
  30. To figure out the opportunity cost.
  31. scarcity
  32. PPC/PPF
  33. Marginal Utility
  34. Greenbacks
  35. Law of Demand
  36. U.S. Bureau of Engraving & Printing
  37. True
  38. opportunity cost
  39. next best alternative
  40. The Federal Reserve System
  41. Barter
  42. Getting a speeding ticket if you are pulled over for speeding
  43. Law of Supply
  44. economic model
  45. short-term goal
  46. the study of people and choices
  47. maximum efficiency
  48. True
  49. No
  50. Land, Labor, Entrepreneurship, Capital Goods
  51. Checking account balances on which checks can be written
  52. Scarcity
  53. Mixed Market Economy
  54. No, the Fed circulates the currency but does not print it, itself. Another agency under the Fed, does.
  55. What will be produced? How it will be produced? For whom will they be produced for?