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