FederalIncomeTaxNominalGDPTax onalcohol,tobaccoand gasIndicator thatchanges afterthe businesscyclechangesPeak/ProsperityIn a recessionwould thegovernmentincrease ordecreasetaxes?What type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?ProgressiveTaxTrough/DepressionWhere does thefederalgovernment getmost of itsrevenue from?LeadingIndicatorPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downFiscalPolicyCongressCoincidentIndicatorThegovernment istaking in moremoney thanwhat they arespendingDecreaseSpendingWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Recession/ContractionTaxincreaseas incomeincreasesPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downWhat are thethree tools offiscal policy?IncreaseTaxesRealGDPPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingWould thegovernment haveto increase ordecreasespending duringan inflation?CyclicalUnemployomentIn a inflation wouldthe governmenthave to increaseor decreasetaxes?BudgetDeficitFrictionalUnemploymentInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyThegovernment'spolicy onspending andtaxationExciseTaxPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backFullEmploymentLaggingIndicatorInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostGDPAdjustedforinflationIndicators thatchange beforethe businesscycle changesThe governmentis spendingmore moneythan what theyare taking inWho isresponsiblefor makingFiscal PolicyDecisions?TaxesGovernmentSpendingFederalBudgetBudgetSurplusDecreaseTaxesWhen only5% of theworkingforce iswithout a jobRecovery/ExpansionGDPusingcurrentpricesIndicator thatchanges atthe same timethe businesscycle changesCostPushInflationDemandPullInflationFederalIncomeTaxNominalGDPTax onalcohol,tobaccoand gasIndicator thatchanges afterthe businesscyclechangesPeak/ProsperityIn a recessionwould thegovernmentincrease ordecreasetaxes?What type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?ProgressiveTaxTrough/DepressionWhere does thefederalgovernment getmost of itsrevenue from?LeadingIndicatorPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downFiscalPolicyCongressCoincidentIndicatorThegovernment istaking in moremoney thanwhat they arespendingDecreaseSpendingWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Recession/ContractionTaxincreaseas incomeincreasesPhase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downWhat are thethree tools offiscal policy?IncreaseTaxesRealGDPPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingWould thegovernment haveto increase ordecreasespending duringan inflation?CyclicalUnemployomentIn a inflation wouldthe governmenthave to increaseor decreasetaxes?BudgetDeficitFrictionalUnemploymentInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyThegovernment'spolicy onspending andtaxationExciseTaxPhase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backFullEmploymentLaggingIndicatorInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostGDPAdjustedforinflationIndicators thatchange beforethe businesscycle changesThe governmentis spendingmore moneythan what theyare taking inWho isresponsiblefor makingFiscal PolicyDecisions?TaxesGovernmentSpendingFederalBudgetBudgetSurplusDecreaseTaxesWhen only5% of theworkingforce iswithout a jobRecovery/ExpansionGDPusingcurrentpricesIndicator thatchanges atthe same timethe businesscycle changesCostPushInflationDemandPullInflation

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