when theprices goesup quantitysuppliedgoes upincrease in theprice level ofgoods/servicesscarcityexpansionabsoluteadvantageexpansionaryfiscal policytroughcontractionarymonetarypolicyfrictionalpeakexpansionarymonetarypolicyWhensomeoneactively looksfor a job butcan’t find onestructuralcontractionaryfiscal policyequilibriumthecomponentsof GDPopportunitycostland labor capitalandentrepreneurshipWhen pricegoes upquantitydemandedgoes downsurpluscontraction/recessioncomparativeadvantageshortagecyclicalwhen theprices goesup quantitysuppliedgoes upincrease in theprice level ofgoods/servicesscarcityexpansionabsoluteadvantageexpansionaryfiscal policytroughcontractionarymonetarypolicyfrictionalpeakexpansionarymonetarypolicyWhensomeoneactively looksfor a job butcan’t find onestructuralcontractionaryfiscal policyequilibriumthecomponentsof GDPopportunitycostland labor capitalandentrepreneurshipWhen pricegoes upquantitydemandedgoes downsurpluscontraction/recessioncomparativeadvantageshortagecyclical

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