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