expansionarymonetarypolicyfrictionalcontraction/recessionshortageWhensomeoneactively looksfor a job butcan’t find onetroughcontractionaryfiscal policycyclicalsurplusexpansionstructuralincrease in theprice level ofgoods/servicesWhen pricegoes upquantitydemandedgoes downland labor capitalandentrepreneurshipopportunitycostabsoluteadvantagecomparativeadvantageexpansionaryfiscal policythecomponentsof GDPequilibriumcontractionarymonetarypolicywhen theprices goesup quantitysuppliedgoes upscarcitypeakexpansionarymonetarypolicyfrictionalcontraction/recessionshortageWhensomeoneactively looksfor a job butcan’t find onetroughcontractionaryfiscal policycyclicalsurplusexpansionstructuralincrease in theprice level ofgoods/servicesWhen pricegoes upquantitydemandedgoes downland labor capitalandentrepreneurshipopportunitycostabsoluteadvantagecomparativeadvantageexpansionaryfiscal policythecomponentsof GDPequilibriumcontractionarymonetarypolicywhen theprices goesup quantitysuppliedgoes upscarcitypeak

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