What will beproduced? How itwill be produced?For whom willthey be producedfor?Law ofSupplyPACEDDecisionMakingModelLong-termgoalAdamSmitheconomicmodel$.01, $.05,$.10, $.25,$.50,$1.00FederalReserveSystemScarcitymaximumemployment& pricestabilityU.S.Bureau ofEngraving& PrintingineffcientscarcityMixedMarketEconomyFederalReservemaximumefficiencyLand, Labor,Entrepreneurship,Capital GoodsMarketEconomyGreenThe "gifts ofnature" ornaturalresources notcreated byhuman effort.To figureout theopportunitycost.U.S.MintNoshort-termgoalabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsCheckingaccountbalances onwhich checkscan be writtenopportunitycostGetting aspeeding ticketif you arepulled over forspeedingmedium ofexchange,unit ofaccount, andstore of valueGreenbacksthe studyof peopleandchoicesTraditionalEconomyMonetaryPolicySpecificFalseEquilibriumPricecommoditybusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsTrueLaw ofDemandMixedMarketEconomyLoweringinsurance ratesfor drives withstrong record ofsafe driving.TheFederalReserveSystemCommandEconomyTimePPC/PPFTrueBarterunattainableFalseTruenext bestalternativeLowerinterestratesNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.MarginalUtilityWhat will beproduced? How itwill be produced?For whom willthey be producedfor?Law ofSupplyPACEDDecisionMakingModelLong-termgoalAdamSmitheconomicmodel$.01, $.05,$.10, $.25,$.50,$1.00FederalReserveSystemScarcitymaximumemployment& pricestabilityU.S.Bureau ofEngraving& PrintingineffcientscarcityMixedMarketEconomyFederalReservemaximumefficiencyLand, Labor,Entrepreneurship,Capital GoodsMarketEconomyGreenThe "gifts ofnature" ornaturalresources notcreated byhuman effort.To figureout theopportunitycost.U.S.MintNoshort-termgoalabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsCheckingaccountbalances onwhich checkscan be writtenopportunitycostGetting aspeeding ticketif you arepulled over forspeedingmedium ofexchange,unit ofaccount, andstore of valueGreenbacksthe studyof peopleandchoicesTraditionalEconomyMonetaryPolicySpecificFalseEquilibriumPricecommoditybusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsTrueLaw ofDemandMixedMarketEconomyLoweringinsurance ratesfor drives withstrong record ofsafe driving.TheFederalReserveSystemCommandEconomyTimePPC/PPFTrueBarterunattainableFalseTruenext bestalternativeLowerinterestratesNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.MarginalUtility

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