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

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