(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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What type of employment is when someone is done with high school or college and is trying to find a job?
The government's policy on spending and taxation
The government is spending more money than what they are taking in
Recovery/Expansion
Tax increase as income increases
Taxes
Government Spending
Federal Budget
GDP using current prices
Lagging Indicator
Phase of the business cycle where consumer spending starts to pick back up and workers are being hired back
Where does the federal government get most of its revenue from?
Congress
Peak/Prosperity
Nominal GDP
Inflation that occurs when demand for goods and services exceeds existing supply
Phase of the business cycle where banks and multiple businesses start to shut down
Leading Indicator
Excise Tax
Phase of the business cycle where people start losing jobs, consumer spending starts to slow down
Indicator that changes after the business cycle changes
Inflation that occurs when producers raise their prices to meet increased cost
Trough/Depression
Phase of the business cycle where there is full employment and GDP stops rising
Decrease Taxes
Indicator that changes at the same time the business cycle changes
Progressive Tax
Recession/Contraction
Increase Taxes
Frictional Unemployment
In a inflation would the government have to increase or decrease taxes?
Cyclical Unemployoment
Federal Income Tax
GDP Adjusted for inflation
Cost Push Inflation
Full Employment
Indicators that change before the business cycle changes
When someone loses their job because of a change in the business cycle? This is what type of unemployment?
Who is responsible for making Fiscal Policy Decisions?
Tax on alcohol, tobacco and gas
Would the government have to increase or decrease spending during an inflation?
Budget Surplus
Budget Deficit
Real GDP
Demand Pull Inflation
Fiscal Policy
In a recession would the government increase or decrease taxes?
The government is taking in more money than what they are spending
Coincident Indicator
When only 5% of the working force is without a job