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

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.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
  1. What happens to economic activity if injections exceeds leakages?
  2. What are the factors of production?
  3. List three limitations of GDP as a measure of growth.
  4. Define economic growth.
  5. What is the formula for the rate of growth of GDP?
  6. Provide an example of demand-pull inflation.
  7. What is likely to occur to inflation when there is an increase in economic activity?
  8. Who is considered not in the labor force?
  9. How can technological advancements shift the PPF?
  10. Define unemployment.
  11. How can economic growth be shown on a PPF?
  12. What are the components of GDP?
  13. How can economic growth be shown on a PPF?
  14. What happens to economic activity if leakages exceeds injections?
  15. Explain the net exports component of GDP.
  16. Define GDP.
  17. How is someone classified as employed?
  18. What is the GDP growth target rate for Australia?
  19. What is the target rate for unemployment?
  20. Define inflation.
  21. What does it mean if an economy is producing inside the PPF?
  22. Describe the interaction between households and firms in the circular flow of income.
  23. Define labour force.
  24. What causes structural unemployment?
  25. How does unemployment affect economic growth?
  26. Describe frictional unemployment.
  27. Provide an example of cost-push inflation.
  28. What is the role of financial sector in the circular flow of income?
  29. What is the formula for the unemployment rate?
  30. Explain the concept of leakages in the circular flow of income.
  31. What is the inflation target rate?
  32. What causes demand-pull inflation?
  33. What does it mean if an economy is producing inside the PPF?
  34. What does a point outside the PPF represent?
  35. What are leakages in the circular flow of income?
  36. Explain the concept of opportunity cost.
  37. How does inflation affect purchasing power?
  38. How do households contribute to the circular flow of income?
  39. What are injections in the circular flow of income?
  40. Why is environmental degradation a limitation of GDP?
  41. What is the role of government sector in the circular flow of income?
  42. What causes cost-push inflation?
  43. Explain why inflation might be high in the current economic environment.
  44. What is likely to occur to unemployment when there is an increase in economic activity?
  45. What does a point on the PPF represent?
  46. What is the Consumer Price Index (CPI)?
  47. Why does GDP not account for income inequality?
  48. Explain cyclical unemployment.