The governmentis spendingmore moneythan what theyare taking inNominalGDPWho isresponsiblefor makingFiscal PolicyDecisions?Thegovernment istaking in moremoney thanwhat they arespendingIn a recessionwould thegovernmentincrease ordecreasetaxes?ProgressiveTaxDemandPullInflationIn a inflation wouldthe governmenthave to increaseor decreasetaxes?DecreaseTaxesThegovernment'spolicy onspending andtaxationRecovery/ExpansionPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingFiscalPolicyWhat are thethree tools offiscal policy?When someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?When only5% of theworkingforce iswithout a jobCyclicalUnemployomentDecreaseSpendingIncreaseTaxesBudgetSurplusGDPusingcurrentpricesIndicator thatchanges atthe same timethe businesscycle changesInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyFullEmploymentRecession/ContractionTaxesGovernmentSpendingFederalBudgetCostPushInflationTrough/DepressionLaggingIndicatorPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backPeak/ProsperityPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downIndicator thatchanges afterthe businesscyclechangesFrictionalUnemploymentRealGDPIndicators thatchange beforethe businesscycle changesCoincidentIndicatorInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downWhere does thefederalgovernment getmost of itsrevenue from?BudgetDeficitWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?Would thegovernment haveto increase ordecreasespending duringan inflation?CongressTaxincreaseas incomeincreasesGDPAdjustedforinflationExciseTaxTax onalcohol,tobaccoand gasFederalIncomeTaxLeadingIndicatorThe governmentis spendingmore moneythan what theyare taking inNominalGDPWho isresponsiblefor makingFiscal PolicyDecisions?Thegovernment istaking in moremoney thanwhat they arespendingIn a recessionwould thegovernmentincrease ordecreasetaxes?ProgressiveTaxDemandPullInflationIn a inflation wouldthe governmenthave to increaseor decreasetaxes?DecreaseTaxesThegovernment'spolicy onspending andtaxationRecovery/ExpansionPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingFiscalPolicyWhat are thethree tools offiscal policy?When someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?When only5% of theworkingforce iswithout a jobCyclicalUnemployomentDecreaseSpendingIncreaseTaxesBudgetSurplusGDPusingcurrentpricesIndicator thatchanges atthe same timethe businesscycle changesInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyFullEmploymentRecession/ContractionTaxesGovernmentSpendingFederalBudgetCostPushInflationTrough/DepressionLaggingIndicatorPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backPeak/ProsperityPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downIndicator thatchanges afterthe businesscyclechangesFrictionalUnemploymentRealGDPIndicators thatchange beforethe businesscycle changesCoincidentIndicatorInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downWhere does thefederalgovernment getmost of itsrevenue from?BudgetDeficitWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?Would thegovernment haveto increase ordecreasespending duringan inflation?CongressTaxincreaseas incomeincreasesGDPAdjustedforinflationExciseTaxTax onalcohol,tobaccoand gasFederalIncomeTaxLeadingIndicator

Business/Fiscal Test - 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. The government is spending more money than what they are taking in
  2. Nominal GDP
  3. Who is responsible for making Fiscal Policy Decisions?
  4. The government is taking in more money than what they are spending
  5. In a recession would the government increase or decrease taxes?
  6. Progressive Tax
  7. Demand Pull Inflation
  8. In a inflation would the government have to increase or decrease taxes?
  9. Decrease Taxes
  10. The government's policy on spending and taxation
  11. Recovery/Expansion
  12. Phase of the business cycle where there is full employment and GDP stops rising
  13. Fiscal Policy
  14. What are the three tools of fiscal policy?
  15. When someone loses their job because of a change in the business cycle? This is what type of unemployment?
  16. When only 5% of the working force is without a job
  17. Cyclical Unemployoment
  18. Decrease Spending
  19. Increase Taxes
  20. Budget Surplus
  21. GDP using current prices
  22. Indicator that changes at the same time the business cycle changes
  23. Inflation that occurs when demand for goods and services exceeds existing supply
  24. Full Employment
  25. Recession/Contraction
  26. Taxes Government Spending Federal Budget
  27. Cost Push Inflation
  28. Trough/Depression
  29. Lagging Indicator
  30. Phase of the business cycle where consumer spending starts to pick back up and workers are being hired back
  31. Peak/Prosperity
  32. Phase of the business cycle where banks and multiple businesses start to shut down
  33. Indicator that changes after the business cycle changes
  34. Frictional Unemployment
  35. Real GDP
  36. Indicators that change before the business cycle changes
  37. Coincident Indicator
  38. Inflation that occurs when producers raise their prices to meet increased cost
  39. Phase of the business cycle where people start losing jobs, consumer spending starts to slow down
  40. Where does the federal government get most of its revenue from?
  41. Budget Deficit
  42. What type of employment is when someone is done with high school or college and is trying to find a job?
  43. Would the government have to increase or decrease spending during an inflation?
  44. Congress
  45. Tax increase as income increases
  46. GDP Adjusted for inflation
  47. Excise Tax
  48. Tax on alcohol, tobacco and gas
  49. Federal Income Tax
  50. Leading Indicator