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