OperatingbudgetRegularexpenses likesalaries andfacilitymaintenance.ExternalityA consequenceof an economicactivityexperienced byunrelated thirdpartiesEfficiencyterm describinga situation inwhich everyresource isoptimallyallocatedPriceCeilingThegovernmentsets amaximum priceon a new drug.NegativeExternalitypollution froma factory thatdrifts into apopulatedneighborhood.Deflationreduction ofthe generallevel ofprices in aneconomyMacroeconomicsThe study ofa national orglobaleconomy.cashtransferSocial Securityis a programthat would becategorized asRentControlsA governmentintervention toset a maximumprice on rentalunitsLaissezfaireMinimal amountto governmentintervention.Means "let itbe"ProgressiveTaxA tax in whichthe tax rateincreases asthe incomeincreasesBlackMarketA market inwhich goodsor servicesare tradedillegallyCapitalBudgetMoney usedon roadsbuildings andinfrastructure.ProportionalTaxA tax that staysat the samerate no matter aperson’sincomeCurrencysystem ofmoney ingeneral usein a countryRegressiveTaxA tax that takes alarger percentageof a lower incomeand a smallerpercentage of ahigher incomeMicroeconomicsStudy ofeconomics atan individual,group orcompany level.InterestGrouporganized groupthat tries toinfluence thegovernment toenact certainpoliciesOpenOpportunityThe idea thatall personscan competein economicmarketsin-kindbenefitsPublichousing wouldbest becategorizedas anEstateTaxA tax leviedagainst theestate of adeceasedperson.BalancedBudgetA budget inwhichrevenues areequal toexpendituresinflationA general increasein prices thatresults in a fall inthe purchasingpowerPriceSupportsSubsidies orpricecontrolsused by thegovernment.OperatingbudgetRegularexpenses likesalaries andfacilitymaintenance.ExternalityA consequenceof an economicactivityexperienced byunrelated thirdpartiesEfficiencyterm describinga situation inwhich everyresource isoptimallyallocatedPriceCeilingThegovernmentsets amaximum priceon a new drug.NegativeExternalitypollution froma factory thatdrifts into apopulatedneighborhood.Deflationreduction ofthe generallevel ofprices in aneconomyMacroeconomicsThe study ofa national orglobaleconomy.cashtransferSocial Securityis a programthat would becategorized asRentControlsA governmentintervention toset a maximumprice on rentalunitsLaissezfaireMinimal amountto governmentintervention.Means "let itbe"ProgressiveTaxA tax in whichthe tax rateincreases asthe incomeincreasesBlackMarketA market inwhich goodsor servicesare tradedillegallyCapitalBudgetMoney usedon roadsbuildings andinfrastructure.ProportionalTaxA tax that staysat the samerate no matter aperson’sincomeCurrencysystem ofmoney ingeneral usein a countryRegressiveTaxA tax that takes alarger percentageof a lower incomeand a smallerpercentage of ahigher incomeMicroeconomicsStudy ofeconomics atan individual,group orcompany level.InterestGrouporganized groupthat tries toinfluence thegovernment toenact certainpoliciesOpenOpportunityThe idea thatall personscan competein economicmarketsin-kindbenefitsPublichousing wouldbest becategorizedas anEstateTaxA tax leviedagainst theestate of adeceasedperson.BalancedBudgetA budget inwhichrevenues areequal toexpendituresinflationA general increasein prices thatresults in a fall inthe purchasingpowerPriceSupportsSubsidies orpricecontrolsused by thegovernment.

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