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