Macro Bingo - 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.

1. An increase in the productive capacity of the economy, shown by a rise in real GDP
   Economic Growth
2. The total demand for goods and services in an economy at a given price level and time.
   AD
3. Unemployment caused by a mismatch of skills and job requirements.
   Structural
4. The movement of money between households, firms, government and abroad
   Circular flow of income
5. The maximum productive potential of the economy when all resources are fully employed.
   LRAS
6. A sustained increase in the general price level.
   Inflation
7. Short-term unemployment when people move between jobs.
   Frictional
8. The total monetary value of all final goods and services produced within a country in a year at current prices
   Nominal GDP
9. The total monetary value of all final goods and services produced within a country in a year, at constant prices, divided by population
   Real GDP per capita
10. Fluctuations in economic activity
    Business cycle
11. When actual GDP is below potential GDP, creating unemployment.
    Negtive output gap
12. Central bank control of interest rates and money supply to influence the economy.
    Monetary policy
13. When people willing and able to work cannot find a job.
    Unemployment
14. The view that markets self-correct and the economy operates at full capacity in the long run.
    Classical Model
15. When actual GDP exceeds potential GDP, creating inflationary pressure.
    Positive output gap
16. G, I, X
    Injections
17. Inflation caused by rising production costs.
    Cost-push
18. The proportion of extra income that is spent
    MPC
19. The relationship between price level and output when wages and some costs are fixed.
    SRAS
20. The process by which an initial change in spending leads to a larger change in GDP
    Multiplier effect
21. A sustained fall in the general price level.
    Deflation
22. An older measure of inflation including housing costs.
    RPI
23. When government spending exceeds tax revenue in a year
    Budget deficit
24. Rising inflation combined with rising unemployment and stagnant growth.
    Stagflation
25. The total accumulation of past government borrowing
    National debt
26. The proportion of extra income that is saved
    MPS
27. Inflation caused by excess demand in the economy.
    Demand-pull
28. The main measure of inflation based on a basket of goods and services.
    CPI
29. A fall in the rate of inflation.
    Disinflation
30. The cost of borrowing money or the reward for saving.
    Interest rate
31. Unemployment caused by a lack of demand during a recession.
    Cyclical
32. Unemployment occurring at certain times of the year.
    Seasonal
33. The total monetary value of all final goods and services produced within a country in a year, at constant prices
    Real GDP
34. The view that AD determines output and government intervention is often needed
    Keynesian Model
35. Government use of taxation and spending to influence the economy.
    Fiscal policy
36. S, T, M
    Leakages
37. The total monetary value of all final goods and services produced within a country in a year at current prices, divided by population
    Nominal GDP per capita