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