Trough/DepressionGDPAdjustedforinflationThegovernment'spolicy onspending andtaxationLaggingIndicatorIndicator thatchanges afterthe businesscyclechangesBudgetSurplusIn a inflation wouldthe governmenthave to increaseor decreasetaxes?Phase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backThe governmentis spendingmore moneythan what theyare taking inRecovery/ExpansionRecession/ContractionRealGDPLeadingIndicatorFederalIncomeTaxWould thegovernment haveto increase ordecreasespending duringan inflation?Phase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downIndicator thatchanges atthe same timethe businesscycle changesNominalGDPInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downCongressDecreaseSpendingTaxincreaseas incomeincreasesTaxesGovernmentSpendingFederalBudgetWhere does thefederalgovernment getmost of itsrevenue from?Peak/ProsperityTax onalcohol,tobaccoand gasExciseTaxBudgetDeficitWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Indicators thatchange beforethe businesscycle changesFiscalPolicyCyclicalUnemployomentIncreaseTaxesDecreaseTaxesCoincidentIndicatorWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?GDPusingcurrentpricesFrictionalUnemploymentPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostWhen only5% of theworkingforce iswithout a jobWho isresponsiblefor makingFiscal PolicyDecisions?FullEmploymentWhat are thethree tools offiscal policy?ProgressiveTaxIn a recessionwould thegovernmentincrease ordecreasetaxes?DemandPullInflationCostPushInflationThegovernment istaking in moremoney thanwhat they arespendingTrough/DepressionGDPAdjustedforinflationThegovernment'spolicy onspending andtaxationLaggingIndicatorIndicator thatchanges afterthe businesscyclechangesBudgetSurplusIn a inflation wouldthe governmenthave to increaseor decreasetaxes?Phase of thebusiness cyclewhere consumerspending starts topick back up andworkers are beinghired backThe governmentis spendingmore moneythan what theyare taking inRecovery/ExpansionRecession/ContractionRealGDPLeadingIndicatorFederalIncomeTaxWould thegovernment haveto increase ordecreasespending duringan inflation?Phase of thebusiness cyclewhere banks andmultiplebusinesses start toshut downIndicator thatchanges atthe same timethe businesscycle changesNominalGDPInflation thatoccurs whendemand for goodsand servicesexceeds existingsupplyPhase of thebusiness cyclewhere people startlosing jobs,consumerspending starts toslow downCongressDecreaseSpendingTaxincreaseas incomeincreasesTaxesGovernmentSpendingFederalBudgetWhere does thefederalgovernment getmost of itsrevenue from?Peak/ProsperityTax onalcohol,tobaccoand gasExciseTaxBudgetDeficitWhen someone losestheir job because of achange in thebusiness cycle? Thisis what type ofunemployment?Indicators thatchange beforethe businesscycle changesFiscalPolicyCyclicalUnemployomentIncreaseTaxesDecreaseTaxesCoincidentIndicatorWhat type ofemployment iswhen someone isdone with highschool or collegeand is trying to finda job?GDPusingcurrentpricesFrictionalUnemploymentPhase of thebusiness cyclewhere there isfull employmentand GDP stopsrisingInflation thatoccurs whenproducers raisetheir prices tomeet increasedcostWhen only5% of theworkingforce iswithout a jobWho isresponsiblefor makingFiscal PolicyDecisions?FullEmploymentWhat are thethree tools offiscal policy?ProgressiveTaxIn a recessionwould thegovernmentincrease ordecreasetaxes?DemandPullInflationCostPushInflationThegovernment istaking in moremoney thanwhat they arespending

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