FrictionalUnemploymentBudgetDeficitExciseTaxIndicators thatchange beforethe businesscycle changesThegovernment istaking in moremoney thanwhat they arespendingIn a recessionwould thegovernmentincrease ordecreasetaxes?GDPusingcurrentpricesDecreaseSpendingDecreaseTaxesInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostTaxesGovernmentSpendingFederalBudgetTaxincreaseas incomeincreasesIncreaseTaxesCoincidentIndicatorRecovery/ExpansionPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downRealGDPFiscalPolicyWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?LaggingIndicatorCongressCostPushInflationLeadingIndicatorTrough/DepressionWould thegovernment haveto increase ordecreasespending duringan inflation?Where does thefederalgovernment getmost of itsrevenue from?In a inflation wouldthe governmenthave to increaseor decreasetaxes?ProgressiveTaxWhen only5% of theworkingforce iswithout a jobRecession/ContractionPeak/ProsperityWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?FederalIncomeTaxFullEmploymentIndicator thatchanges atthe same timethe businesscycle changesWho isresponsiblefor makingFiscal PolicyDecisions?What are thethree tools offiscal policy?The governmentis spendingmore moneythan what theyare taking inPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingCyclicalUnemployomentBudgetSurplusNominalGDPGDPAdjustedforinflationPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backIndicator thatchanges afterthe businesscyclechangesThegovernment'spolicy onspending andtaxationTax onalcohol,tobaccoand gasDemandPullInflationPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downFrictionalUnemploymentBudgetDeficitExciseTaxIndicators thatchange beforethe businesscycle changesThegovernment istaking in moremoney thanwhat they arespendingIn a recessionwould thegovernmentincrease ordecreasetaxes?GDPusingcurrentpricesDecreaseSpendingDecreaseTaxesInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostTaxesGovernmentSpendingFederalBudgetTaxincreaseas incomeincreasesIncreaseTaxesCoincidentIndicatorRecovery/ExpansionPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downRealGDPFiscalPolicyWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?LaggingIndicatorCongressCostPushInflationLeadingIndicatorTrough/DepressionWould thegovernment haveto increase ordecreasespending duringan inflation?Where does thefederalgovernment getmost of itsrevenue from?In a inflation wouldthe governmenthave to increaseor decreasetaxes?ProgressiveTaxWhen only5% of theworkingforce iswithout a jobRecession/ContractionPeak/ProsperityWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?FederalIncomeTaxFullEmploymentIndicator thatchanges atthe same timethe businesscycle changesWho isresponsiblefor makingFiscal PolicyDecisions?What are thethree tools offiscal policy?The governmentis spendingmore moneythan what theyare taking inPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingCyclicalUnemployomentBudgetSurplusNominalGDPGDPAdjustedforinflationPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backIndicator thatchanges afterthe businesscyclechangesThegovernment'spolicy onspending andtaxationTax onalcohol,tobaccoand gasDemandPullInflationPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow down

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