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

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