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

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