RealGDPPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downWould thegovernment haveto increase ordecreasespending duringan inflation?Taxincreaseas incomeincreasesWho isresponsiblefor makingFiscal PolicyDecisions?GDPAdjustedforinflationFiscalPolicyPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingThe governmentis spendingmore moneythan what theyare taking inInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?Thegovernment'spolicy onspending andtaxationBudgetDeficitFrictionalUnemploymentIndicator thatchanges afterthe businesscyclechangesInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostDecreaseSpendingWhere does thefederalgovernment getmost of itsrevenue from?In a inflation wouldthe governmenthave to increaseor decreasetaxes?LeadingIndicatorProgressiveTaxPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backBudgetSurplusGDPusingcurrentpricesFederalIncomeTaxDecreaseTaxesRecession/ContractionLaggingIndicatorWhen only5% of theworkingforce iswithout a jobWhat are thethree tools offiscal policy?Recovery/ExpansionNominalGDPCostPushInflationCyclicalUnemployomentTax onalcohol,tobaccoand gasIndicator thatchanges atthe same timethe businesscycle changesCoincidentIndicatorThegovernment istaking in moremoney thanwhat they arespendingTrough/DepressionIn a recessionwould thegovernmentincrease ordecreasetaxes?ExciseTaxIncreaseTaxesFullEmploymentTaxesGovernmentSpendingFederalBudgetCongressPeak/ProsperityIndicators thatchange beforethe businesscycle changesWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?DemandPullInflationPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downRealGDPPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downWould thegovernment haveto increase ordecreasespending duringan inflation?Taxincreaseas incomeincreasesWho isresponsiblefor makingFiscal PolicyDecisions?GDPAdjustedforinflationFiscalPolicyPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingThe governmentis spendingmore moneythan what theyare taking inInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?Thegovernment'spolicy onspending andtaxationBudgetDeficitFrictionalUnemploymentIndicator thatchanges afterthe businesscyclechangesInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostDecreaseSpendingWhere does thefederalgovernment getmost of itsrevenue from?In a inflation wouldthe governmenthave to increaseor decreasetaxes?LeadingIndicatorProgressiveTaxPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backBudgetSurplusGDPusingcurrentpricesFederalIncomeTaxDecreaseTaxesRecession/ContractionLaggingIndicatorWhen only5% of theworkingforce iswithout a jobWhat are thethree tools offiscal policy?Recovery/ExpansionNominalGDPCostPushInflationCyclicalUnemployomentTax onalcohol,tobaccoand gasIndicator thatchanges atthe same timethe businesscycle changesCoincidentIndicatorThegovernment istaking in moremoney thanwhat they arespendingTrough/DepressionIn a recessionwould thegovernmentincrease ordecreasetaxes?ExciseTaxIncreaseTaxesFullEmploymentTaxesGovernmentSpendingFederalBudgetCongressPeak/ProsperityIndicators thatchange beforethe businesscycle changesWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?DemandPullInflationPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut 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. Real GDP
  2. Phase of the business cycle where people start losing jobs, consumer spending starts to slow down
  3. Would the government have to increase or decrease spending during an inflation?
  4. Tax increase as income increases
  5. Who is responsible for making Fiscal Policy Decisions?
  6. GDP Adjusted for inflation
  7. Fiscal Policy
  8. Phase of the business cycle where there is full employment and GDP stops rising
  9. The government is spending more money than what they are taking in
  10. Inflation that occurs when demand for goods and services exceeds existing supply
  11. What type of employment is when someone is done with high school or college and is trying to find a job?
  12. The government's policy on spending and taxation
  13. Budget Deficit
  14. Frictional Unemployment
  15. Indicator that changes after the business cycle changes
  16. Inflation that occurs when producers raise their prices to meet increased cost
  17. Decrease Spending
  18. Where does the federal government get most of its revenue from?
  19. In a inflation would the government have to increase or decrease taxes?
  20. Leading Indicator
  21. Progressive Tax
  22. Phase of the business cycle where consumer spending starts to pick back up and workers are being hired back
  23. Budget Surplus
  24. GDP using current prices
  25. Federal Income Tax
  26. Decrease Taxes
  27. Recession/Contraction
  28. Lagging Indicator
  29. When only 5% of the working force is without a job
  30. What are the three tools of fiscal policy?
  31. Recovery/Expansion
  32. Nominal GDP
  33. Cost Push Inflation
  34. Cyclical Unemployoment
  35. Tax on alcohol, tobacco and gas
  36. Indicator that changes at the same time the business cycle changes
  37. Coincident Indicator
  38. The government is taking in more money than what they are spending
  39. Trough/Depression
  40. In a recession would the government increase or decrease taxes?
  41. Excise Tax
  42. Increase Taxes
  43. Full Employment
  44. Taxes Government Spending Federal Budget
  45. Congress
  46. Peak/Prosperity
  47. Indicators that change before the business cycle changes
  48. When someone loses their job because of a change in the business cycle? This is what type of unemployment?
  49. Demand Pull Inflation
  50. Phase of the business cycle where banks and multiple businesses start to shut down