{"id":25542,"date":"2026-10-16T23:29:39","date_gmt":"2026-10-16T17:29:39","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/new-jersey-limits-comparison-nominal-gdp-across-two-years\/"},"modified":"2026-10-16T23:29:39","modified_gmt":"2026-10-16T17:29:39","slug":"new-jersey-limits-comparison-nominal-gdp-across-two-years","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/new-jersey-limits-comparison-nominal-gdp-across-two-years\/","title":{"rendered":"What limits a comparison of nominal GDP across two years?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What limits a comparison of nominal GDP across two years?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>Year-to-year population changes are the only reason nominal GDP can change<\/li>\n<li>Nominal GDP removes all changes in market prices by construction<\/li>\n<li>Nominal GDP is calculated from quantities alone with no monetary valuation<\/li>\n<li>Different prices may contribute to the change<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[4001,3975],"education_level":[1897],"class_list":["post-25542","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-economic-research-methods","topic-new-jersey-facts","education_level-graduate"],"mcq_note":"<p><strong>Comparing nominal GDP at different dates requires recognizing that prices may change between those dates.<\/strong><\/p>\n<p>If prices rise while the quantity of goods and services stays unchanged, current-dollar GDP increases without real growth. Use inflation-adjusted measures for analysis of production volumes over time. A rigorous time comparison reports current-dollar and real values, using a clearly identified price basis.<\/p>","mcq_options":[{"right":"no","answer":"Year-to-year population changes are the only reason nominal GDP can change"},{"right":"no","answer":"Nominal GDP removes all changes in market prices by construction"},{"right":"no","answer":"Nominal GDP is calculated from quantities alone with no monetary valuation"},{"right":"yes","answer":"Different prices may contribute to the change"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":4001,"title":"Economic Research Methods","slug":"economic-research-methods"},{"id":3975,"title":"New Jersey Facts","slug":"new-jersey-facts"}],"education_level_terms":[{"id":1897,"title":"Graduate","slug":"graduate"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/25542","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=25542"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25542"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25542"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25542"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}