{"id":25894,"date":"2026-11-01T03:47:28","date_gmt":"2026-10-31T21:47:28","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-chained-dollar-gdp-additivity\/"},"modified":"2026-11-01T03:47:28","modified_gmt":"2026-10-31T21:47:28","slug":"georgia-chained-dollar-gdp-additivity","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-chained-dollar-gdp-additivity\/","title":{"rendered":"Why should Georgia&#8217;s chained-dollar industry GDP levels not simply be added outside the reference year?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Why should Georgia&#8217;s chained-dollar industry GDP levels not simply be added outside the reference year?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>All industry levels are already percentages<\/li>\n<li>Real industry output is always excluded from state GDP<\/li>\n<li>Chained dollars measure only state government revenue<\/li>\n<li>Chain weighting generally makes the components nonadditive<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[3480,4056,4005],"education_level":[1897],"class_list":["post-25894","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-economic-measurement","topic-evidence-and-source-evaluation","topic-georgia-facts","education_level-graduate"],"mcq_note":"<p>BEA chained-dollar industry components generally cannot be summed to reproduce aggregate real state GDP outside the reference year.<\/p>\n\n<p>Chain measures use changing weights rather than one fixed set of prices. Their components remain useful for studying each series, but adding them as if they were ordinary current-dollar amounts can produce misleading totals.<\/p>","mcq_options":[{"right":"no","answer":"All industry levels are already percentages"},{"right":"no","answer":"Real industry output is always excluded from state GDP"},{"right":"no","answer":"Chained dollars measure only state government revenue"},{"right":"yes","answer":"Chain weighting generally makes the components nonadditive"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":3480,"title":"Economic Measurement","slug":"economic-measurement"},{"id":4056,"title":"Evidence and Source Evaluation","slug":"evidence-and-source-evaluation"},{"id":4005,"title":"Georgia Facts","slug":"georgia-facts"}],"education_level_terms":[{"id":1897,"title":"Graduate","slug":"graduate"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/25894","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=25894"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25894"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25894"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25894"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}