{"id":25883,"date":"2026-11-01T03:47:27","date_gmt":"2026-10-31T21:47:27","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-value-added-calculated-industry\/"},"modified":"2026-11-01T03:47:27","modified_gmt":"2026-10-31T21:47:27","slug":"georgia-value-added-calculated-industry","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-value-added-calculated-industry\/","title":{"rendered":"How is value added calculated for a Georgia industry?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A Georgia industry has gross output of $100 million and intermediate inputs of $60 million. What is its value added?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>$60 million<\/li>\n<li>$100 million<\/li>\n<li>$160 million<\/li>\n<li>$40 million<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[4005,4055],"education_level":[1896],"class_list":["post-25883","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-georgia-facts","topic-value-added-and-production","education_level-hsc"],"mcq_note":"<p>Value added equals gross output minus intermediate inputs. In this example, $100 million minus $60 million gives <strong>$40 million<\/strong> of value added.<\/p>\n\n<p>Subtracting intermediate inputs prevents their value from being counted again as new production at this stage. The $40 million is the industry's contribution in this example, not its total sales revenue or its tax bill.<\/p>","mcq_options":[{"right":"no","answer":"$60 million"},{"right":"no","answer":"$100 million"},{"right":"no","answer":"$160 million"},{"right":"yes","answer":"$40 million"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":4005,"title":"Georgia Facts","slug":"georgia-facts"},{"id":4055,"title":"Value Added and Production","slug":"value-added-and-production"}],"education_level_terms":[{"id":1896,"title":"HSC","slug":"hsc"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/25883","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=25883"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25883"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25883"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25883"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}