peakexpansioncontractionarymonetarypolicycontraction/recessionabsoluteadvantagecomparativeadvantageWhensomeoneactively looksfor a job butcan’t find onecyclicalland labor capitalandentrepreneurshipincrease in theprice level ofgoods/servicesfrictionalexpansionaryfiscal policyWhen pricegoes upquantitydemandedgoes downsurplustroughequilibriumstructuralthecomponentsof GDPscarcityshortagewhen theprices goesup quantitysuppliedgoes upexpansionarymonetarypolicycontractionaryfiscal policyopportunitycostpeakexpansioncontractionarymonetarypolicycontraction/recessionabsoluteadvantagecomparativeadvantageWhensomeoneactively looksfor a job butcan’t find onecyclicalland labor capitalandentrepreneurshipincrease in theprice level ofgoods/servicesfrictionalexpansionaryfiscal policyWhen pricegoes upquantitydemandedgoes downsurplustroughequilibriumstructuralthecomponentsof GDPscarcityshortagewhen theprices goesup quantitysuppliedgoes upexpansionarymonetarypolicycontractionaryfiscal policyopportunitycost

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