Would thegovernment haveto increase ordecreasespending duringan inflation?In a recessionwould thegovernmentincrease ordecreasetaxes?Recovery/ExpansionWhen only5% of theworkingforce iswithout a jobTaxincreaseas incomeincreasesWho isresponsiblefor makingFiscal PolicyDecisions?LaggingIndicatorWhere does thefederalgovernment getmost of itsrevenue from?DecreaseTaxesThegovernment'spolicy onspending andtaxationWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Inflation thatoccurs whenproducers raisetheir prices tomeet increasedcostFrictionalUnemploymentIndicators thatchange beforethe businesscycle changesPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backRecession/ContractionWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?BudgetDeficitIn a inflation wouldthe governmenthave to increaseor decreasetaxes?CongressPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingNominalGDPDecreaseSpendingPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downDemandPullInflationGDPAdjustedforinflationThegovernment istaking in moremoney thanwhat they arespendingTaxesGovernmentSpendingFederalBudgetCoincidentIndicatorPeak/ProsperityIncreaseTaxesTax onalcohol,tobaccoand gasRealGDPWhat are thethree tools offiscal policy?Trough/DepressionLeadingIndicatorFiscalPolicyGDPusingcurrentpricesProgressiveTaxIndicator thatchanges atthe same timethe businesscycle changesFederalIncomeTaxThe governmentis spendingmore moneythan what theyare taking inIndicator thatchanges afterthe businesscyclechangesInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyCyclicalUnemployomentCostPushInflationExciseTaxBudgetSurplusPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downFullEmploymentWould thegovernment haveto increase ordecreasespending duringan inflation?In a recessionwould thegovernmentincrease ordecreasetaxes?Recovery/ExpansionWhen only5% of theworkingforce iswithout a jobTaxincreaseas incomeincreasesWho isresponsiblefor makingFiscal PolicyDecisions?LaggingIndicatorWhere does thefederalgovernment getmost of itsrevenue from?DecreaseTaxesThegovernment'spolicy onspending andtaxationWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Inflation thatoccurs whenproducers raisetheir prices tomeet increasedcostFrictionalUnemploymentIndicators thatchange beforethe businesscycle changesPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backRecession/ContractionWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?BudgetDeficitIn a inflation wouldthe governmenthave to increaseor decreasetaxes?CongressPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingNominalGDPDecreaseSpendingPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downDemandPullInflationGDPAdjustedforinflationThegovernment istaking in moremoney thanwhat they arespendingTaxesGovernmentSpendingFederalBudgetCoincidentIndicatorPeak/ProsperityIncreaseTaxesTax onalcohol,tobaccoand gasRealGDPWhat are thethree tools offiscal policy?Trough/DepressionLeadingIndicatorFiscalPolicyGDPusingcurrentpricesProgressiveTaxIndicator thatchanges atthe same timethe businesscycle changesFederalIncomeTaxThe governmentis spendingmore moneythan what theyare taking inIndicator thatchanges afterthe businesscyclechangesInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyCyclicalUnemployomentCostPushInflationExciseTaxBudgetSurplusPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downFullEmployment

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