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

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