equilibriumscarcitytroughcontraction/recessionabsoluteadvantagefrictionalwhen theprices goesup quantitysuppliedgoes upcyclicalcontractionaryfiscal policyexpansionaryfiscal policyexpansioncontractionarymonetarypolicythecomponentsof GDPincrease in theprice level ofgoods/servicesexpansionarymonetarypolicyWhen pricegoes upquantitydemandedgoes downcomparativeadvantageland labor capitalandentrepreneurshipshortagestructuralopportunitycostWhensomeoneactively looksfor a job butcan’t find onepeaksurplusequilibriumscarcitytroughcontraction/recessionabsoluteadvantagefrictionalwhen theprices goesup quantitysuppliedgoes upcyclicalcontractionaryfiscal policyexpansionaryfiscal policyexpansioncontractionarymonetarypolicythecomponentsof GDPincrease in theprice level ofgoods/servicesexpansionarymonetarypolicyWhen pricegoes upquantitydemandedgoes downcomparativeadvantageland labor capitalandentrepreneurshipshortagestructuralopportunitycostWhensomeoneactively looksfor a job butcan’t find onepeaksurplus

Economics Exam 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.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
  1. equilibrium
  2. scarcity
  3. trough
  4. contraction/recession
  5. absolute advantage
  6. frictional
  7. when the prices goes up quantity supplied goes up
  8. cyclical
  9. contractionary fiscal policy
  10. expansionary fiscal policy
  11. expansion
  12. contractionary monetary policy
  13. the components of GDP
  14. increase in the price level of goods/services
  15. expansionary monetary policy
  16. When price goes up quantity demanded goes down
  17. comparative advantage
  18. land labor capital and entrepreneurship
  19. shortage
  20. structural
  21. opportunity cost
  22. When someone actively looks for a job but can’t find one
  23. peak
  24. surplus