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