Wheresupply =demandThe ability of acountry to producea good or service ata lower opportunitycost than anothercountryThere is atechnologicaladvancement thatallows for moreproduction of agoodA visualrepresentation ofthe flows of goods,services, andmoney in a marketeconomy.ItincreasesThere is adecrease inthe quantityor quality ofits resourcesthe total value ofgoods/servicesproduced by acountry in a givenyear withoutadjusting forinflationUnemploymentrateabsoluteadvantageTotal value ofgoods/servicesproduced by acountryadjusted forinflation.The amountof a goodthat isproducedItdecreasesThe nextbestoptionthe amount of asomething that abusiness iswilling and ableto provideGraph that isused to showopportunity costbetweenproducing 2thingsInflationIt shiftslefta measure of theaverage price of abasket of goodsconsumed byhouseholdsThe economicprinciple thatstates that theprice andquantity of agood or serviceIt forcesthem tochoose onething oranotherUnemployedIt shiftsrightTheamountwanted byconsumersThe problemof havingunlimitedwants but notresourcesWheresupply =demandThe ability of acountry to producea good or service ata lower opportunitycost than anothercountryThere is atechnologicaladvancement thatallows for moreproduction of agoodA visualrepresentation ofthe flows of goods,services, andmoney in a marketeconomy.ItincreasesThere is adecrease inthe quantityor quality ofits resourcesthe total value ofgoods/servicesproduced by acountry in a givenyear withoutadjusting forinflationUnemploymentrateabsoluteadvantageTotal value ofgoods/servicesproduced by acountryadjusted forinflation.The amountof a goodthat isproducedItdecreasesThe nextbestoptionthe amount of asomething that abusiness iswilling and ableto provideGraph that isused to showopportunity costbetweenproducing 2thingsInflationIt shiftslefta measure of theaverage price of abasket of goodsconsumed byhouseholdsThe economicprinciple thatstates that theprice andquantity of agood or serviceIt forcesthem tochoose onething oranotherUnemployedIt shiftsrightTheamountwanted byconsumersThe problemof havingunlimitedwants but notresources

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