{"id":25517,"date":"2026-10-16T23:29:38","date_gmt":"2026-10-16T17:29:38","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/new-jersey-manufacturing-value-added-different-total-manufactured-products\/"},"modified":"2026-10-16T23:29:38","modified_gmt":"2026-10-16T17:29:38","slug":"new-jersey-manufacturing-value-added-different-total-manufactured-products","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/new-jersey-manufacturing-value-added-different-total-manufactured-products\/","title":{"rendered":"Why is manufacturing value added different from the total sales of manufactured products?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Why is manufacturing value added different from the total sales of manufactured products?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>Intermediate inputs must not be counted repeatedly as new output<\/li>\n<li>GDP counts only export prices<\/li>\n<li>Sales and value added are identical by definition<\/li>\n<li>Value added is always greater than every sales total<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[3975,3999],"education_level":[1896],"class_list":["post-25517","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-new-jersey-facts","topic-new-jersey-industries","education_level-hsc"],"mcq_note":"<p><strong>Manufacturing contributes to GDP through value added, which differs from the total sales value of all manufactured goods.<\/strong><\/p>\n<p>A manufacturer's sales may include components purchased from other firms. Value added excludes the purchased intermediate inputs so total GDP does not overcount the same economic activity. The double-counting problem is fundamental to national and state production accounting.<\/p>","mcq_options":[{"right":"yes","answer":"Intermediate inputs must not be counted repeatedly as new output"},{"right":"no","answer":"GDP counts only export prices"},{"right":"no","answer":"Sales and value added are identical by definition"},{"right":"no","answer":"Value added is always greater than every sales total"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":3975,"title":"New Jersey Facts","slug":"new-jersey-facts"},{"id":3999,"title":"New Jersey Industries","slug":"new-jersey-industries"}],"education_level_terms":[{"id":1896,"title":"HSC","slug":"hsc"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/25517","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=25517"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25517"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25517"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25517"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}