frictionaltroughcontraction/recessionshortageequilibriumcontractionarymonetarypolicycontractionaryfiscal policyWhensomeoneactively looksfor a job butcan’t find oneexpansioncomparativeadvantageopportunitycostpeakexpansionarymonetarypolicyexpansionaryfiscal policycyclicalstructuralWhen pricegoes upquantitydemandedgoes downsurplusscarcityland labor capitalandentrepreneurshipabsoluteadvantagethecomponentsof GDPwhen theprices goesup quantitysuppliedgoes upincrease in theprice level ofgoods/servicesfrictionaltroughcontraction/recessionshortageequilibriumcontractionarymonetarypolicycontractionaryfiscal policyWhensomeoneactively looksfor a job butcan’t find oneexpansioncomparativeadvantageopportunitycostpeakexpansionarymonetarypolicyexpansionaryfiscal policycyclicalstructuralWhen pricegoes upquantitydemandedgoes downsurplusscarcityland labor capitalandentrepreneurshipabsoluteadvantagethecomponentsof GDPwhen theprices goesup quantitysuppliedgoes upincrease in theprice level ofgoods/services

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