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

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