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