absence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsTimemaximumefficiencyWhat will beproduced? How itwill be produced?For whom willthey be producedfor?medium ofexchange,unit ofaccount, andstore of valuenext bestalternativeGetting aspeeding ticketif you arepulled over forspeedingTrueLand, Labor,Entrepreneurship,Capital GoodseconomicmodelLaw ofSupplyTraditionalEconomyPACEDDecisionMakingModelineffcientCheckingaccountbalances onwhich checkscan be writtenNoMixedMarketEconomyPPC/PPFcommoditySpecificU.S.Bureau ofEngraving& Printingthe studyof peopleandchoicesFederalReservescarcityTo figureout theopportunitycost.CommandEconomyGreenbacksFederalReserveSystemTrueshort-termgoalmaximumemployment& pricestabilityLaw ofDemandunattainableopportunitycost$.01, $.05,$.10, $.25,$.50,$1.00FalseTrueMarketEconomyAdamSmithScarcityMarginalUtilityFalseGreenLowerinterestratesEquilibriumPriceU.S.MintLong-termgoalNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.The "gifts ofnature" ornaturalresources notcreated byhuman effort.Loweringinsurance ratesfor drives withstrong record ofsafe driving.TheFederalReserveSystemMonetaryPolicyMixedMarketEconomybusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsBarterabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsTimemaximumefficiencyWhat will beproduced? How itwill be produced?For whom willthey be producedfor?medium ofexchange,unit ofaccount, andstore of valuenext bestalternativeGetting aspeeding ticketif you arepulled over forspeedingTrueLand, Labor,Entrepreneurship,Capital GoodseconomicmodelLaw ofSupplyTraditionalEconomyPACEDDecisionMakingModelineffcientCheckingaccountbalances onwhich checkscan be writtenNoMixedMarketEconomyPPC/PPFcommoditySpecificU.S.Bureau ofEngraving& Printingthe studyof peopleandchoicesFederalReservescarcityTo figureout theopportunitycost.CommandEconomyGreenbacksFederalReserveSystemTrueshort-termgoalmaximumemployment& pricestabilityLaw ofDemandunattainableopportunitycost$.01, $.05,$.10, $.25,$.50,$1.00FalseTrueMarketEconomyAdamSmithScarcityMarginalUtilityFalseGreenLowerinterestratesEquilibriumPriceU.S.MintLong-termgoalNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.The "gifts ofnature" ornaturalresources notcreated byhuman effort.Loweringinsurance ratesfor drives withstrong record ofsafe driving.TheFederalReserveSystemMonetaryPolicyMixedMarketEconomybusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsBarter

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