When pricegoes upquantitydemandedgoes downthecomponentsof GDPstructuralpeakscarcitycontractionarymonetarypolicycontractionaryfiscal policyfrictionalwhen theprices goesup quantitysuppliedgoes uptroughabsoluteadvantageWhensomeoneactively looksfor a job butcan’t find onecontraction/recessionsurplusincrease in theprice level ofgoods/servicesequilibriumcyclicalland labor capitalandentrepreneurshipcomparativeadvantageexpansionaryfiscal policyopportunitycostshortageexpansionarymonetarypolicyexpansionWhen pricegoes upquantitydemandedgoes downthecomponentsof GDPstructuralpeakscarcitycontractionarymonetarypolicycontractionaryfiscal policyfrictionalwhen theprices goesup quantitysuppliedgoes uptroughabsoluteadvantageWhensomeoneactively looksfor a job butcan’t find onecontraction/recessionsurplusincrease in theprice level ofgoods/servicesequilibriumcyclicalland labor capitalandentrepreneurshipcomparativeadvantageexpansionaryfiscal policyopportunitycostshortageexpansionarymonetarypolicyexpansion

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