{"id":25896,"date":"2026-11-01T03:47:28","date_gmt":"2026-10-31T21:47:28","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-price-issue-not-fully-resolved-comparing-states-real-gdp\/"},"modified":"2026-11-01T03:47:28","modified_gmt":"2026-10-31T21:47:28","slug":"georgia-price-issue-not-fully-resolved-comparing-states-real-gdp","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-price-issue-not-fully-resolved-comparing-states-real-gdp\/","title":{"rendered":"What price issue is not fully resolved by comparing states&#8217; real GDP?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What price issue is not fully resolved by comparing states&#8217; real GDP?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>The use of a stated reference year<\/li>\n<li>Price changes over time in the output measure<\/li>\n<li>The distinction between nominal and real units<\/li>\n<li>Geographic price differences in locally sold output<\/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-25896","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>Real state GDP does not fully adjust for geographic differences in locally sold goods and services prices.<\/p>\n\n<p>Removing price changes over time is different from equalizing local prices across places. Real GDP is therefore not a complete measure of what a typical household can buy in two different states.<\/p>","mcq_options":[{"right":"no","answer":"The use of a stated reference year"},{"right":"no","answer":"Price changes over time in the output measure"},{"right":"no","answer":"The distinction between nominal and real units"},{"right":"yes","answer":"Geographic price differences in locally sold output"}],"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\/25896","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=25896"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25896"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25896"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25896"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}