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