1. Mix Seasoning Mix and water in large bowl. Add ground beef; mix well. Shape into 1 1/2-inch meatballs.
2. Heat oil in large skillet on medium heat. Add meatballs; cook 8 minutes or until cooked through, turning frequently. Remove meatballs; drain fat.
3. Stir milk and Sauce Mix into skillet. Stirring frequently, simmer on medium heat until sauce comes to boil. Reduce heat and simmer 1 minute or until thickened. Add meatballs to sauce; cook until heated through. Serve over cooked noodles or rice.
To Bake Meatballs: Prepare meatballs as directed. Bake in foil-lined shallow baking pan in preheated 375°F oven 12 minutes or until cooked through.
To Microwave Sauce: Microwave milk and Sauce Mix in 2-quart microwavable bowl on HIGH 6 minutes or until thickened, stirring halfway through cooking time. Stir in meatballs.
Swedish Meatballs with Mushrooms: After removing cooked meatballs, add 1 cup sliced mushrooms to skillet. Cook and stir 2 minutes or until tender. Remove from skillet. Continue as directed.
