The economicprinciple thatstates that theprice andquantity of agood or serviceTheamountwanted byconsumersThe amountof a goodthat isproducedUnemployedthe total value ofgoods/servicesproduced by acountry in a givenyear withoutadjusting forinflationThe problemof havingunlimitedwants but notresourcesThere is adecrease inthe quantityor quality ofits resourcesWheresupply =demandIt forcesthem tochoose onething oranotherabsoluteadvantageA visualrepresentation ofthe flows of goods,services, andmoney in a marketeconomy.Total value ofgoods/servicesproduced by acountryadjusted forinflation.ItdecreasesItincreasesa measure of theaverage price of abasket of goodsconsumed byhouseholdsIt shiftsleftGraph that isused to showopportunity costbetweenproducing 2thingsIt shiftsrightThere is atechnologicaladvancement thatallows for moreproduction of agoodthe amount of asomething that abusiness iswilling and ableto provideThe nextbestoptionUnemploymentrateInflationThe ability of acountry to producea good or service ata lower opportunitycost than anothercountryThe economicprinciple thatstates that theprice andquantity of agood or serviceTheamountwanted byconsumersThe amountof a goodthat isproducedUnemployedthe total value ofgoods/servicesproduced by acountry in a givenyear withoutadjusting forinflationThe problemof havingunlimitedwants but notresourcesThere is adecrease inthe quantityor quality ofits resourcesWheresupply =demandIt forcesthem tochoose onething oranotherabsoluteadvantageA visualrepresentation ofthe flows of goods,services, andmoney in a marketeconomy.Total value ofgoods/servicesproduced by acountryadjusted forinflation.ItdecreasesItincreasesa measure of theaverage price of abasket of goodsconsumed byhouseholdsIt shiftsleftGraph that isused to showopportunity costbetweenproducing 2thingsIt shiftsrightThere is atechnologicaladvancement thatallows for moreproduction of agoodthe amount of asomething that abusiness iswilling and ableto provideThe nextbestoptionUnemploymentrateInflationThe ability of acountry to producea good or service ata lower opportunitycost than anothercountry

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