Economics | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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A financial institution thag accepts deposits from public and creates credit.

Bank

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The total supply of goods and services in an economy

Agregate supply

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Goods that are bought and used together.

Complementary goods

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A durable good that is used in the production of goods amd services.

Capital goods

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lifesaver

Give 10 points!

Oops!

star

Double points!

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fairy

Take points!

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25

thief

Give points!

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baam

Lose 20 points!

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magnet

Take 25 points!

Okay!

gift

Win 25 points!

Okay!

thief

Give points!

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A system of exchnage of goods and services for other goods and services without using meduim of exchange.

Barter

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A type of government support for the citizen

Welfare

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Economic policy which emphasize consumption

Consumerism

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seesaw

Swap points!

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seesaw

Swap points!

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fairy

Take points!

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lifesaver

Give 10 points!

Oops!

15

What does GDP stand for?

GROSS Domestic Product

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GDP is made up of two components. What are they?

Goods and services

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The usefulness of goods or services in satisfying a need or a want

Utility

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Money available after one pays taxes and obligatory bill payments.

Disposible income

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A business that two or more individuals own and operate together

Partnership

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15

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