OperatingbudgetRegularexpenses likesalaries andfacilitymaintenance.InterestGrouporganized groupthat tries toinfluence thegovernment toenact certainpoliciesOpenOpportunityThe idea thatall personscan competein economicmarketsPriceSupportsSubsidies orpricecontrolsused by thegovernment.in-kindbenefitsPublichousing wouldbest becategorizedas anEfficiencyterm describinga situation inwhich everyresource isoptimallyallocatedRegressiveTaxA tax that takes alarger percentageof a lower incomeand a smallerpercentage of ahigher incomeEstateTaxA tax leviedagainst theestate of adeceasedperson.Currencysystem ofmoney ingeneral usein a countryinflationA general increasein prices thatresults in a fall inthe purchasingpowerMicroeconomicsStudy ofeconomics atan individual,group orcompany level.ProportionalTaxA tax that staysat the samerate no matter aperson’sincomeMacroeconomicsThe study ofa national orglobaleconomy.PriceCeilingThegovernmentsets amaximum priceon a new drug.NegativeExternalitypollution froma factory thatdrifts into apopulatedneighborhood.LaissezfaireMinimal amountto governmentintervention.Means "let itbe"CapitalBudgetMoney usedon roadsbuildings andinfrastructure.ProgressiveTaxA tax in whichthe tax rateincreases asthe incomeincreasesRentControlsA governmentintervention toset a maximumprice on rentalunitsDeflationreduction ofthe generallevel ofprices in aneconomyBlackMarketA market inwhich goodsor servicesare tradedillegallyExternalityA consequenceof an economicactivityexperienced byunrelated thirdpartiescashtransferSocial Securityis a programthat would becategorized asBalancedBudgetA budget inwhichrevenues areequal toexpendituresOperatingbudgetRegularexpenses likesalaries andfacilitymaintenance.InterestGrouporganized groupthat tries toinfluence thegovernment toenact certainpoliciesOpenOpportunityThe idea thatall personscan competein economicmarketsPriceSupportsSubsidies orpricecontrolsused by thegovernment.in-kindbenefitsPublichousing wouldbest becategorizedas anEfficiencyterm describinga situation inwhich everyresource isoptimallyallocatedRegressiveTaxA tax that takes alarger percentageof a lower incomeand a smallerpercentage of ahigher incomeEstateTaxA tax leviedagainst theestate of adeceasedperson.Currencysystem ofmoney ingeneral usein a countryinflationA general increasein prices thatresults in a fall inthe purchasingpowerMicroeconomicsStudy ofeconomics atan individual,group orcompany level.ProportionalTaxA tax that staysat the samerate no matter aperson’sincomeMacroeconomicsThe study ofa national orglobaleconomy.PriceCeilingThegovernmentsets amaximum priceon a new drug.NegativeExternalitypollution froma factory thatdrifts into apopulatedneighborhood.LaissezfaireMinimal amountto governmentintervention.Means "let itbe"CapitalBudgetMoney usedon roadsbuildings andinfrastructure.ProgressiveTaxA tax in whichthe tax rateincreases asthe incomeincreasesRentControlsA governmentintervention toset a maximumprice on rentalunitsDeflationreduction ofthe generallevel ofprices in aneconomyBlackMarketA market inwhich goodsor servicesare tradedillegallyExternalityA consequenceof an economicactivityexperienced byunrelated thirdpartiescashtransferSocial Securityis a programthat would becategorized asBalancedBudgetA budget inwhichrevenues areequal toexpenditures

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