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