TraditionalEconomyMonetaryPolicyunattainablescarcityNomaximumemployment& pricestabilityScarcityFalseFalsenext bestalternativeFederalReserveNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.Greenbacksthe studyof peopleandchoicesopportunitycostcommodityabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsEquilibriumPriceTrueTo figureout theopportunitycost.Law ofSupplyMarginalUtilityU.S.Bureau ofEngraving& PrintingSpecificPACEDDecisionMakingModelLand, Labor,Entrepreneurship,Capital GoodsFederalReserveSystemMixedMarketEconomyMarketEconomy$.01, $.05,$.10, $.25,$.50,$1.00Long-termgoalLoweringinsurance ratesfor drives withstrong record ofsafe driving.TrueAdamSmithbusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsshort-termgoalineffcientTrueTheFederalReserveSystemGreenBarterGetting aspeeding ticketif you arepulled over forspeedingTimeLaw ofDemandCheckingaccountbalances onwhich checkscan be writtenMixedMarketEconomyThe "gifts ofnature" ornaturalresources notcreated byhuman effort.What will beproduced? How itwill be produced?For whom willthey be producedfor?LowerinterestratesPPC/PPFmaximumefficiencyU.S.MintCommandEconomymedium ofexchange,unit ofaccount, andstore of valueeconomicmodelTraditionalEconomyMonetaryPolicyunattainablescarcityNomaximumemployment& pricestabilityScarcityFalseFalsenext bestalternativeFederalReserveNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.Greenbacksthe studyof peopleandchoicesopportunitycostcommodityabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsEquilibriumPriceTrueTo figureout theopportunitycost.Law ofSupplyMarginalUtilityU.S.Bureau ofEngraving& PrintingSpecificPACEDDecisionMakingModelLand, Labor,Entrepreneurship,Capital GoodsFederalReserveSystemMixedMarketEconomyMarketEconomy$.01, $.05,$.10, $.25,$.50,$1.00Long-termgoalLoweringinsurance ratesfor drives withstrong record ofsafe driving.TrueAdamSmithbusinesses thatcompete for thesamecustomers, andsell the same orsimilar itemsshort-termgoalineffcientTrueTheFederalReserveSystemGreenBarterGetting aspeeding ticketif you arepulled over forspeedingTimeLaw ofDemandCheckingaccountbalances onwhich checkscan be writtenMixedMarketEconomyThe "gifts ofnature" ornaturalresources notcreated byhuman effort.What will beproduced? How itwill be produced?For whom willthey be producedfor?LowerinterestratesPPC/PPFmaximumefficiencyU.S.MintCommandEconomymedium ofexchange,unit ofaccount, andstore of valueeconomicmodel

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