Indicators thatchange beforethe businesscycle changesTaxesGovernmentSpendingFederalBudgetInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backFederalIncomeTaxTrough/DepressionPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?LaggingIndicatorCyclicalUnemployomentWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Peak/ProsperityFrictionalUnemploymentGDPusingcurrentpricesIn a recessionwould thegovernmentincrease ordecreasetaxes?NominalGDPLeadingIndicatorTax onalcohol,tobaccoand gasFiscalPolicyThegovernment'spolicy onspending andtaxationProgressiveTaxTaxincreaseas incomeincreasesDecreaseSpendingIncreaseTaxesIn a inflation wouldthe governmenthave to increaseor decreasetaxes?CongressExciseTaxCoincidentIndicatorFullEmploymentDecreaseTaxesRecovery/ExpansionIndicator thatchanges afterthe businesscyclechangesWould thegovernment haveto increase ordecreasespending duringan inflation?The governmentis spendingmore moneythan what theyare taking inWhere does thefederalgovernment getmost of itsrevenue from?Indicator thatchanges atthe same timethe businesscycle changesBudgetDeficitBudgetSurplusWhen only5% of theworkingforce iswithout a jobWho isresponsiblefor makingFiscal PolicyDecisions?What are thethree tools offiscal policy?GDPAdjustedforinflationRealGDPDemandPullInflationThegovernment istaking in moremoney thanwhat they arespendingInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostRecession/ContractionPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downCostPushInflationIndicators thatchange beforethe businesscycle changesTaxesGovernmentSpendingFederalBudgetInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backFederalIncomeTaxTrough/DepressionPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?LaggingIndicatorCyclicalUnemployomentWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Peak/ProsperityFrictionalUnemploymentGDPusingcurrentpricesIn a recessionwould thegovernmentincrease ordecreasetaxes?NominalGDPLeadingIndicatorTax onalcohol,tobaccoand gasFiscalPolicyThegovernment'spolicy onspending andtaxationProgressiveTaxTaxincreaseas incomeincreasesDecreaseSpendingIncreaseTaxesIn a inflation wouldthe governmenthave to increaseor decreasetaxes?CongressExciseTaxCoincidentIndicatorFullEmploymentDecreaseTaxesRecovery/ExpansionIndicator thatchanges afterthe businesscyclechangesWould thegovernment haveto increase ordecreasespending duringan inflation?The governmentis spendingmore moneythan what theyare taking inWhere does thefederalgovernment getmost of itsrevenue from?Indicator thatchanges atthe same timethe businesscycle changesBudgetDeficitBudgetSurplusWhen only5% of theworkingforce iswithout a jobWho isresponsiblefor makingFiscal PolicyDecisions?What are thethree tools offiscal policy?GDPAdjustedforinflationRealGDPDemandPullInflationThegovernment istaking in moremoney thanwhat they arespendingInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostRecession/ContractionPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downCostPushInflation

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