What are thethree tools offiscal policy?Inflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyPeak/ProsperityFiscalPolicyCyclicalUnemployomentInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostWhen only5% of theworkingforce iswithout a jobWhere does thefederalgovernment getmost of itsrevenue from?Thegovernment'spolicy onspending andtaxationGDPAdjustedforinflationCoincidentIndicatorFullEmploymentTaxesGovernmentSpendingFederalBudgetPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downLaggingIndicatorProgressiveTaxBudgetDeficitIndicator thatchanges atthe same timethe businesscycle changesWould thegovernment haveto increase ordecreasespending duringan inflation?Who isresponsiblefor makingFiscal PolicyDecisions?What type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?Recovery/ExpansionIndicators thatchange beforethe businesscycle changesExciseTaxThe governmentis spendingmore moneythan what theyare taking inIn a inflation wouldthe governmenthave to increaseor decreasetaxes?Phase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backIndicator thatchanges afterthe businesscyclechangesThegovernment istaking in moremoney thanwhat they arespendingPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downBudgetSurplusDecreaseTaxesDemandPullInflationGDPusingcurrentpricesTrough/DepressionIncreaseTaxesNominalGDPDecreaseSpendingWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Tax onalcohol,tobaccoand gasLeadingIndicatorRecession/ContractionTaxincreaseas incomeincreasesCongressFederalIncomeTaxRealGDPIn a recessionwould thegovernmentincrease ordecreasetaxes?FrictionalUnemploymentCostPushInflationWhat are thethree tools offiscal policy?Inflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyPeak/ProsperityFiscalPolicyCyclicalUnemployomentInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostWhen only5% of theworkingforce iswithout a jobWhere does thefederalgovernment getmost of itsrevenue from?Thegovernment'spolicy onspending andtaxationGDPAdjustedforinflationCoincidentIndicatorFullEmploymentTaxesGovernmentSpendingFederalBudgetPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downLaggingIndicatorProgressiveTaxBudgetDeficitIndicator thatchanges atthe same timethe businesscycle changesWould thegovernment haveto increase ordecreasespending duringan inflation?Who isresponsiblefor makingFiscal PolicyDecisions?What type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?Recovery/ExpansionIndicators thatchange beforethe businesscycle changesExciseTaxThe governmentis spendingmore moneythan what theyare taking inIn a inflation wouldthe governmenthave to increaseor decreasetaxes?Phase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backIndicator thatchanges afterthe businesscyclechangesThegovernment istaking in moremoney thanwhat they arespendingPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downBudgetSurplusDecreaseTaxesDemandPullInflationGDPusingcurrentpricesTrough/DepressionIncreaseTaxesNominalGDPDecreaseSpendingWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Tax onalcohol,tobaccoand gasLeadingIndicatorRecession/ContractionTaxincreaseas incomeincreasesCongressFederalIncomeTaxRealGDPIn a recessionwould thegovernmentincrease ordecreasetaxes?FrictionalUnemploymentCostPushInflation

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