frictionalpeakscarcitywhen theprices goesup quantitysuppliedgoes upstructuralexpansionarymonetarypolicyopportunitycostcyclicalexpansionaryfiscal policythecomponentsof GDPexpansionincrease in theprice level ofgoods/servicescontraction/recessionequilibriumabsoluteadvantagesurplusshortagecomparativeadvantageWhen pricegoes upquantitydemandedgoes downland labor capitalandentrepreneurshiptroughWhensomeoneactively looksfor a job butcan’t find onecontractionarymonetarypolicycontractionaryfiscal policyfrictionalpeakscarcitywhen theprices goesup quantitysuppliedgoes upstructuralexpansionarymonetarypolicyopportunitycostcyclicalexpansionaryfiscal policythecomponentsof GDPexpansionincrease in theprice level ofgoods/servicescontraction/recessionequilibriumabsoluteadvantagesurplusshortagecomparativeadvantageWhen pricegoes upquantitydemandedgoes downland labor capitalandentrepreneurshiptroughWhensomeoneactively looksfor a job butcan’t find onecontractionarymonetarypolicycontractionaryfiscal policy

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