Who is considered notin the labor force?       Define inflation.       How does inflationaffect purchasingpower?       Provide an exampleof demand-pullinflation.      How do householdscontribute to thecircular flow ofincome?     What is the role offinancial sector in thecircular flow ofincome?     What is the targetrate forunemployment?     Explain why inflationmight be high in thecurrent economicenvironment.      Explain the conceptof leakages in thecircular flow ofincome.    Define labourforce.      How cantechnologicaladvancements shiftthe PPF?     What is the formulafor the rate ofgrowth of GDP?     What causes cost-push inflation?      What is likely to occurto inflation when thereis an increase ineconomic activity?     Define GDP.       How is someoneclassified asemployed?      Define economicgrowth.     What is the role ofgovernment sectorin the circular flowof income?    Explain theconcept ofopportunity cost.     Why is environmentaldegradation alimitation of GDP?      What is likely tooccur tounemployment whenthere is an increasein economic activity?    Provide an exampleof cost-push inflation.      What is the inflationtarget rate?      Why does GDP notaccount for incomeinequality?      What does a pointoutside the PPFrepresent?     What does it mean ifan economy isproducing inside thePPF?     Describe frictionalunemployment.      List three limitationsof GDP as ameasure of growth.     What are the factorsof production?      Explain cyclicalunemployment.       What are thecomponents ofGDP?     What is theConsumer PriceIndex (CPI)?      What causesstructuralunemployment?     What are injectionsin the circular flowof income?     Describe theinteraction betweenhouseholds and firmsin the circular flow ofincome.     Explain the netexports component ofGDP.      What are leakagesin the circular flowof income?     How doesunemployment affecteconomic growth?     How can economicgrowth be shown ona PPF?     How can economicgrowth be shown ona PPF?      What does a point onthe PPF represent?      What causesdemand-pullinflation?      What does it mean ifan economy isproducing inside thePPF?     What happens toeconomic activity ifleakages exceedsinjections?    What is the GDPgrowth target ratefor Australia?     What happens toeconomic activity ifinjections exceedsleakages?    Defineunemployment.       What is the formulafor theunemployment rate?      Who is considered notin the labor force?       Define inflation.       How does inflationaffect purchasingpower?       Provide an exampleof demand-pullinflation.      How do householdscontribute to thecircular flow ofincome?     What is the role offinancial sector in thecircular flow ofincome?     What is the targetrate forunemployment?     Explain why inflationmight be high in thecurrent economicenvironment.      Explain the conceptof leakages in thecircular flow ofincome.    Define labourforce.      How cantechnologicaladvancements shiftthe PPF?     What is the formulafor the rate ofgrowth of GDP?     What causes cost-push inflation?      What is likely to occurto inflation when thereis an increase ineconomic activity?     Define GDP.       How is someoneclassified asemployed?      Define economicgrowth.     What is the role ofgovernment sectorin the circular flowof income?    Explain theconcept ofopportunity cost.     Why is environmentaldegradation alimitation of GDP?      What is likely tooccur tounemployment whenthere is an increasein economic activity?    Provide an exampleof cost-push inflation.      What is the inflationtarget rate?      Why does GDP notaccount for incomeinequality?      What does a pointoutside the PPFrepresent?     What does it mean ifan economy isproducing inside thePPF?     Describe frictionalunemployment.      List three limitationsof GDP as ameasure of growth.     What are the factorsof production?      Explain cyclicalunemployment.       What are thecomponents ofGDP?     What is theConsumer PriceIndex (CPI)?      What causesstructuralunemployment?     What are injectionsin the circular flowof income?     Describe theinteraction betweenhouseholds and firmsin the circular flow ofincome.     Explain the netexports component ofGDP.      What are leakagesin the circular flowof income?     How doesunemployment affecteconomic growth?     How can economicgrowth be shown ona PPF?     How can economicgrowth be shown ona PPF?      What does a point onthe PPF represent?      What causesdemand-pullinflation?      What does it mean ifan economy isproducing inside thePPF?     What happens toeconomic activity ifleakages exceedsinjections?    What is the GDPgrowth target ratefor Australia?     What happens toeconomic activity ifinjections exceedsleakages?    Defineunemployment.       What is the formulafor theunemployment rate?      

Year 10 Economics - 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. Who is considered not in the labor force?
  2. Define inflation.
  3. How does inflation affect purchasing power?
  4. Provide an example of demand-pull inflation.
  5. How do households contribute to the circular flow of income?
  6. What is the role of financial sector in the circular flow of income?
  7. What is the target rate for unemployment?
  8. Explain why inflation might be high in the current economic environment.
  9. Explain the concept of leakages in the circular flow of income.
  10. Define labour force.
  11. How can technological advancements shift the PPF?
  12. What is the formula for the rate of growth of GDP?
  13. What causes cost-push inflation?
  14. What is likely to occur to inflation when there is an increase in economic activity?
  15. Define GDP.
  16. How is someone classified as employed?
  17. Define economic growth.
  18. What is the role of government sector in the circular flow of income?
  19. Explain the concept of opportunity cost.
  20. Why is environmental degradation a limitation of GDP?
  21. What is likely to occur to unemployment when there is an increase in economic activity?
  22. Provide an example of cost-push inflation.
  23. What is the inflation target rate?
  24. Why does GDP not account for income inequality?
  25. What does a point outside the PPF represent?
  26. What does it mean if an economy is producing inside the PPF?
  27. Describe frictional unemployment.
  28. List three limitations of GDP as a measure of growth.
  29. What are the factors of production?
  30. Explain cyclical unemployment.
  31. What are the components of GDP?
  32. What is the Consumer Price Index (CPI)?
  33. What causes structural unemployment?
  34. What are injections in the circular flow of income?
  35. Describe the interaction between households and firms in the circular flow of income.
  36. Explain the net exports component of GDP.
  37. What are leakages in the circular flow of income?
  38. How does unemployment affect economic growth?
  39. How can economic growth be shown on a PPF?
  40. How can economic growth be shown on a PPF?
  41. What does a point on the PPF represent?
  42. What causes demand-pull inflation?
  43. What does it mean if an economy is producing inside the PPF?
  44. What happens to economic activity if leakages exceeds injections?
  45. What is the GDP growth target rate for Australia?
  46. What happens to economic activity if injections exceeds leakages?
  47. Define unemployment.
  48. What is the formula for the unemployment rate?