{"id":25532,"date":"2026-10-16T23:29:39","date_gmt":"2026-10-16T17:29:39","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/new-jersey-rise-current-dollar-gdp-not-necessarily-imply-real-growth\/"},"modified":"2026-10-16T23:29:39","modified_gmt":"2026-10-16T17:29:39","slug":"new-jersey-rise-current-dollar-gdp-not-necessarily-imply-real-growth","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/new-jersey-rise-current-dollar-gdp-not-necessarily-imply-real-growth\/","title":{"rendered":"Why does a rise in current-dollar GDP not necessarily imply equally large real growth?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Why does a rise in current-dollar GDP not necessarily imply equally large real growth?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>Output must double every year<\/li>\n<li>Price increases can raise nominal values<\/li>\n<li>Real GDP always equals nominal GDP<\/li>\n<li>Nominal GDP excludes inflation by definition<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[4000,3975],"education_level":[1896],"class_list":["post-25532","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-economic-analysis-and-public-policy","topic-new-jersey-facts","education_level-hsc"],"mcq_note":"<p><strong>Growth in current-dollar GDP alone cannot establish an equivalent increase in real production.<\/strong><\/p>\n<p>Current-dollar values combine price and quantity changes. If inflation explains part of a nominal rise, the inflation-adjusted change in actual output will be smaller. Price adjustments are essential for distinguishing inflation from expanding production.<\/p>","mcq_options":[{"right":"no","answer":"Output must double every year"},{"right":"yes","answer":"Price increases can raise nominal values"},{"right":"no","answer":"Real GDP always equals nominal GDP"},{"right":"no","answer":"Nominal GDP excludes inflation by definition"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":4000,"title":"Economic Analysis and Public Policy","slug":"economic-analysis-and-public-policy"},{"id":3975,"title":"New Jersey Facts","slug":"new-jersey-facts"}],"education_level_terms":[{"id":1896,"title":"HSC","slug":"hsc"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/25532","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=25532"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25532"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25532"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25532"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}