InflationThere is atechnologicaladvancement thatallows for moreproduction of agoodthe total value ofgoods/servicesproduced by acountry in a givenyear withoutadjusting forinflationThe economicprinciple thatstates that theprice andquantity of agood or servicea measure of theaverage price of abasket of goodsconsumed byhouseholdsThe nextbestoptionthe amount of asomething that abusiness iswilling and ableto provideTheamountwanted byconsumersWheresupply =demandA visualrepresentation ofthe flows of goods,services, andmoney in a marketeconomy.UnemploymentrateIt forcesthem tochoose onething oranotherThe problemof havingunlimitedwants but notresourcesabsoluteadvantageGraph that isused to showopportunity costbetweenproducing 2thingsIt shiftsleftIt shiftsrightUnemployedItincreasesThe ability of acountry to producea good or service ata lower opportunitycost than anothercountryThe amountof a goodthat isproducedThere is adecrease inthe quantityor quality ofits resourcesItdecreasesTotal value ofgoods/servicesproduced by acountryadjusted forinflation.InflationThere is atechnologicaladvancement thatallows for moreproduction of agoodthe total value ofgoods/servicesproduced by acountry in a givenyear withoutadjusting forinflationThe economicprinciple thatstates that theprice andquantity of agood or servicea measure of theaverage price of abasket of goodsconsumed byhouseholdsThe nextbestoptionthe amount of asomething that abusiness iswilling and ableto provideTheamountwanted byconsumersWheresupply =demandA visualrepresentation ofthe flows of goods,services, andmoney in a marketeconomy.UnemploymentrateIt forcesthem tochoose onething oranotherThe problemof havingunlimitedwants but notresourcesabsoluteadvantageGraph that isused to showopportunity costbetweenproducing 2thingsIt shiftsleftIt shiftsrightUnemployedItincreasesThe ability of acountry to producea good or service ata lower opportunitycost than anothercountryThe amountof a goodthat isproducedThere is adecrease inthe quantityor quality ofits resourcesItdecreasesTotal value ofgoods/servicesproduced by acountryadjusted forinflation.

Economics Bingo - 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. Inflation
  2. There is a technological advancement that allows for more production of a good
  3. the total value of goods/services produced by a country in a given year without adjusting for inflation
  4. The economic principle that states that the price and quantity of a good or service
  5. a measure of the average price of a basket of goods consumed by households
  6. The next best option
  7. the amount of a something that a business is willing and able to provide
  8. The amount wanted by consumers
  9. Where supply = demand
  10. A visual representation of the flows of goods, services, and money in a market economy.
  11. Unemployment rate
  12. It forces them to choose one thing or another
  13. The problem of having unlimited wants but not resources
  14. absolute advantage
  15. Graph that is used to show opportunity cost between producing 2 things
  16. It shifts left
  17. It shifts right
  18. Unemployed
  19. It increases
  20. The ability of a country to produce a good or service at a lower opportunity cost than another country
  21. The amount of a good that is produced
  22. There is a decrease in the quantity or quality of its resources
  23. It decreases
  24. Total value of goods/services produced by a country adjusted for inflation.