{"id":23284,"date":"2026-08-20T00:32:30","date_gmt":"2026-08-19T18:32:30","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/why-can-current-dollar-gdp-differ-from-real-gdp\/"},"modified":"2026-08-20T00:32:30","modified_gmt":"2026-08-19T18:32:30","slug":"why-can-current-dollar-gdp-differ-from-real-gdp","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/why-can-current-dollar-gdp-differ-from-real-gdp\/","title":{"rendered":"Why can current-dollar GDP differ from real GDP?"},"content":{"rendered":"\n<p>How should gap between current-dollar and real GDP be understood?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>A quarterly annualized GDP figure is always identical to a full-year GDP total.<\/li>\n<li>The gap between current-dollar and real GDP reflects price-level effects as well as the use of a fixed reference framework<\/li>\n<li>Reference years do not matter when comparing economic or demographic data.<\/li>\n<li>GDP per resident and personal income are interchangeable measures.<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[3278,3268,3284,3292],"subject":[3258],"education_level":[1896],"class_list":["post-23284","mcq","type-mcq","status-publish","hentry","topic-arkansas-economy","topic-arkansas-facts","topic-data-interpretation","topic-gdp","subject-us-economy","education_level-hsc"],"mcq_note":"<p>The gap between current-dollar and real GDP reflects price-level effects as well as the use of a fixed reference framework. Real GDP adjusts for price changes, making it more useful than current-dollar GDP for comparing production across years.<\/p>","mcq_options":[{"right":"no","answer":"A quarterly annualized GDP figure is always identical to a full-year GDP total."},{"right":"yes","answer":"The gap between current-dollar and real GDP reflects price-level effects as well as the use of a fixed reference framework"},{"right":"no","answer":"Reference years do not matter when comparing economic or demographic data."},{"right":"no","answer":"GDP per resident and personal income are interchangeable measures."}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":3278,"title":"Arkansas Economy","slug":"arkansas-economy"},{"id":3268,"title":"Arkansas Facts","slug":"arkansas-facts"},{"id":3284,"title":"Data Interpretation","slug":"data-interpretation"},{"id":3292,"title":"GDP","slug":"gdp"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/23284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=23284"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=23284"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=23284"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=23284"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=23284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}