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

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