CapitalBudgetMoney usedon roadsbuildings andinfrastructure.Deflationreduction ofthe generallevel ofprices in aneconomyPriceSupportsSubsidies orpricecontrolsused by thegovernment.RentControlsA governmentintervention toset a maximumprice on rentalunitsin-kindbenefitsPublichousing wouldbest becategorizedas anMacroeconomicsThe study ofa national orglobaleconomy.OpenOpportunityThe idea thatall personscan competein economicmarketsProgressiveTaxA tax in whichthe tax rateincreases asthe incomeincreasesEfficiencyterm describinga situation inwhich everyresource isoptimallyallocatedExternalityA consequenceof an economicactivityexperienced byunrelated thirdpartiesBalancedBudgetA budget inwhichrevenues areequal toexpendituresMicroeconomicsStudy ofeconomics atan individual,group orcompany level.inflationA general increasein prices thatresults in a fall inthe purchasingpowerRegressiveTaxA tax that takes alarger percentageof a lower incomeand a smallerpercentage of ahigher incomeOperatingbudgetRegularexpenses likesalaries andfacilitymaintenance.ProportionalTaxA tax that staysat the samerate no matter aperson’sincomeInterestGrouporganized groupthat tries toinfluence thegovernment toenact certainpoliciesEstateTaxA tax leviedagainst theestate of adeceasedperson.PriceCeilingThegovernmentsets amaximum priceon a new drug.cashtransferSocial Securityis a programthat would becategorized asNegativeExternalitypollution froma factory thatdrifts into apopulatedneighborhood.Currencysystem ofmoney ingeneral usein a countryLaissezfaireMinimal amountto governmentintervention.Means "let itbe"BlackMarketA market inwhich goodsor servicesare tradedillegallyCapitalBudgetMoney usedon roadsbuildings andinfrastructure.Deflationreduction ofthe generallevel ofprices in aneconomyPriceSupportsSubsidies orpricecontrolsused by thegovernment.RentControlsA governmentintervention toset a maximumprice on rentalunitsin-kindbenefitsPublichousing wouldbest becategorizedas anMacroeconomicsThe study ofa national orglobaleconomy.OpenOpportunityThe idea thatall personscan competein economicmarketsProgressiveTaxA tax in whichthe tax rateincreases asthe incomeincreasesEfficiencyterm describinga situation inwhich everyresource isoptimallyallocatedExternalityA consequenceof an economicactivityexperienced byunrelated thirdpartiesBalancedBudgetA budget inwhichrevenues areequal toexpendituresMicroeconomicsStudy ofeconomics atan individual,group orcompany level.inflationA general increasein prices thatresults in a fall inthe purchasingpowerRegressiveTaxA tax that takes alarger percentageof a lower incomeand a smallerpercentage of ahigher incomeOperatingbudgetRegularexpenses likesalaries andfacilitymaintenance.ProportionalTaxA tax that staysat the samerate no matter aperson’sincomeInterestGrouporganized groupthat tries toinfluence thegovernment toenact certainpoliciesEstateTaxA tax leviedagainst theestate of adeceasedperson.PriceCeilingThegovernmentsets amaximum priceon a new drug.cashtransferSocial Securityis a programthat would becategorized asNegativeExternalitypollution froma factory thatdrifts into apopulatedneighborhood.Currencysystem ofmoney ingeneral usein a countryLaissezfaireMinimal amountto governmentintervention.Means "let itbe"BlackMarketA market inwhich goodsor servicesare tradedillegally

Unit 3 Bingo - 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. Money used on roads buildings and infrastructure.
    Capital Budget
  2. reduction of the general level of prices in an economy
    Deflation
  3. Subsidies or price controls used by the government.
    Price Supports
  4. A government intervention to set a maximum price on rental units
    Rent Controls
  5. Public housing would best be categorized as an
    in-kind benefits
  6. The study of a national or global economy.
    Macro economics
  7. The idea that all persons can compete in economic markets
    Open Opportunity
  8. A tax in which the tax rate increases as the income increases
    Progressive Tax
  9. term describing a situation in which every resource is optimally allocated
    Efficiency
  10. A consequence of an economic activity experienced by unrelated third parties
    Externality
  11. A budget in which revenues are equal to expenditures
    Balanced Budget
  12. Study of economics at an individual, group or company level.
    Micro economics
  13. A general increase in prices that results in a fall in the purchasing power
    inflation
  14. A tax that takes a larger percentage of a lower income and a smaller percentage of a higher income
    Regressive Tax
  15. Regular expenses like salaries and facility maintenance.
    Operating budget
  16. A tax that stays at the same rate no matter a person’s income
    Proportional Tax
  17. organized group that tries to influence the government to enact certain policies
    Interest Group
  18. A tax levied against the estate of a deceased person.
    Estate Tax
  19. The government sets a maximum price on a new drug.
    Price Ceiling
  20. Social Security is a program that would be categorized as
    cash transfer
  21. pollution from a factory that drifts into a populated neighborhood.
    Negative Externality
  22. system of money in general use in a country
    Currency
  23. Minimal amount to government intervention. Means "let it be"
    Laissez faire
  24. A market in which goods or services are traded illegally
    Black Market