increase in theprice level ofgoods/servicesfrictionalcontraction/recessionexpansionarymonetarypolicyopportunitycostsurplusequilibriumthecomponentsof GDPtroughscarcityland labor capitalandentrepreneurshipcontractionaryfiscal policycyclicalcontractionarymonetarypolicypeakexpansionaryfiscal policyshortagestructuralexpansioncomparativeadvantageabsoluteadvantageWhen pricegoes upquantitydemandedgoes downWhensomeoneactively looksfor a job butcan’t find onewhen theprices goesup quantitysuppliedgoes upincrease in theprice level ofgoods/servicesfrictionalcontraction/recessionexpansionarymonetarypolicyopportunitycostsurplusequilibriumthecomponentsof GDPtroughscarcityland labor capitalandentrepreneurshipcontractionaryfiscal policycyclicalcontractionarymonetarypolicypeakexpansionaryfiscal policyshortagestructuralexpansioncomparativeadvantageabsoluteadvantageWhen pricegoes upquantitydemandedgoes downWhensomeoneactively looksfor a job butcan’t find onewhen theprices goesup quantitysuppliedgoes up

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