comparativeadvantagetroughcyclicalshortagestructuralsurplusscarcitycontractionaryfiscal policyexpansionarymonetarypolicyland labor capitalandentrepreneurshipthecomponentsof GDPequilibriumWhen pricegoes upquantitydemandedgoes downwhen theprices goesup quantitysuppliedgoes upabsoluteadvantageexpansionaryfiscal policyexpansionincrease in theprice level ofgoods/servicespeakcontraction/recessioncontractionarymonetarypolicyfrictionalopportunitycostWhensomeoneactively looksfor a job butcan’t find onecomparativeadvantagetroughcyclicalshortagestructuralsurplusscarcitycontractionaryfiscal policyexpansionarymonetarypolicyland labor capitalandentrepreneurshipthecomponentsof GDPequilibriumWhen pricegoes upquantitydemandedgoes downwhen theprices goesup quantitysuppliedgoes upabsoluteadvantageexpansionaryfiscal policyexpansionincrease in theprice level ofgoods/servicespeakcontraction/recessioncontractionarymonetarypolicyfrictionalopportunitycostWhensomeoneactively looksfor a job butcan’t find one

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.


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