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