MarketEconomyscarcityCheckingaccountbalances onwhich checkscan be writtenTraditionalEconomyScarcityTimecommodityU.S.MintFederalReserveSystemGetting aspeeding ticketif you arepulled over forspeedingmaximumemployment& pricestabilityTrueshort-termgoalmedium ofexchange,unit ofaccount, andstore of valueLaw ofSupplyineffcientTheFederalReserveSystemSpecificFederalReserveNoFalseTruemaximumefficiencyU.S.Bureau ofEngraving& Printing$.01, $.05,$.10, $.25,$.50,$1.00Long-termgoaleconomicmodelNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.businesses thatcompete for thesamecustomers, andsell the same orsimilar itemsAdamSmithPPC/PPFMixedMarketEconomyMixedMarketEconomythe studyof peopleandchoicesTo figureout theopportunitycost.EquilibriumPricenext bestalternativePACEDDecisionMakingModelabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsLand, Labor,Entrepreneurship,Capital GoodsBarterLaw ofDemandGreenCommandEconomyGreenbacksLowerinterestratesLoweringinsurance ratesfor drives withstrong record ofsafe driving.The "gifts ofnature" ornaturalresources notcreated byhuman effort.TrueMonetaryPolicyFalseunattainableopportunitycostMarginalUtilityWhat will beproduced? How itwill be produced?For whom willthey be producedfor?MarketEconomyscarcityCheckingaccountbalances onwhich checkscan be writtenTraditionalEconomyScarcityTimecommodityU.S.MintFederalReserveSystemGetting aspeeding ticketif you arepulled over forspeedingmaximumemployment& pricestabilityTrueshort-termgoalmedium ofexchange,unit ofaccount, andstore of valueLaw ofSupplyineffcientTheFederalReserveSystemSpecificFederalReserveNoFalseTruemaximumefficiencyU.S.Bureau ofEngraving& Printing$.01, $.05,$.10, $.25,$.50,$1.00Long-termgoaleconomicmodelNo, the Fedcirculates thecurrency but doesnot print it, itself.Another agencyunder the Fed,does.businesses thatcompete for thesamecustomers, andsell the same orsimilar itemsAdamSmithPPC/PPFMixedMarketEconomyMixedMarketEconomythe studyof peopleandchoicesTo figureout theopportunitycost.EquilibriumPricenext bestalternativePACEDDecisionMakingModelabsence ofcompetition,price-settingpower, barriers toentry for potentialcompetitorsLand, Labor,Entrepreneurship,Capital GoodsBarterLaw ofDemandGreenCommandEconomyGreenbacksLowerinterestratesLoweringinsurance ratesfor drives withstrong record ofsafe driving.The "gifts ofnature" ornaturalresources notcreated byhuman effort.TrueMonetaryPolicyFalseunattainableopportunitycostMarginalUtilityWhat will beproduced? How itwill be produced?For whom willthey be producedfor?

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