{"id":25898,"date":"2026-11-01T03:47:28","date_gmt":"2026-10-31T21:47:28","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-nominal-real-gdp-ratio-change-2024-2025\/"},"modified":"2026-11-01T03:47:28","modified_gmt":"2026-10-31T21:47:28","slug":"georgia-nominal-real-gdp-ratio-change-2024-2025","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/georgia-nominal-real-gdp-ratio-change-2024-2025\/","title":{"rendered":"How did Georgia&#8217;s nominal-to-real GDP ratio change from 2024 to 2025?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Georgia&#8217;s nominal and real GDP were 884,844.7 and 699,540.6 million in 2024, and 936,086.7 and 719,741.7 million in 2025. What is the approximate percentage change in the nominal-to-real ratio?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>5.79%<\/li>\n<li>8.68%<\/li>\n<li>2.82%<\/li>\n<li>2.89%<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[4048,4056,4005,4050,4051],"education_level":[1897],"class_list":["post-25898","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-data-analysis-and-calculations","topic-evidence-and-source-evaluation","topic-georgia-facts","topic-georgia-gdp","topic-real-gdp-and-economic-growth","education_level-graduate"],"mcq_note":"<p>Divide nominal GDP by real GDP for each year, then divide the 2025 ratio by the 2024 ratio and subtract 1. Multiplying by 100 gives approximately <strong>2.82%<\/strong>. This is an implicit output-price change, not a consumer-price inflation rate.<\/p>\n\n<p>The calculation is [(936,086.7 \/ 719,741.7) \/ (884,844.7 \/ 699,540.6) \u2212 1] \u00d7 100. The result concerns the implied price of state output; it is not a household cost-of-living measure.<\/p>","mcq_options":[{"right":"no","answer":"5.79%"},{"right":"no","answer":"8.68%"},{"right":"yes","answer":"2.82%"},{"right":"no","answer":"2.89%"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":4048,"title":"Data Analysis and Calculations","slug":"data-analysis-and-calculations"},{"id":4056,"title":"Evidence and Source Evaluation","slug":"evidence-and-source-evaluation"},{"id":4005,"title":"Georgia Facts","slug":"georgia-facts"},{"id":4050,"title":"Georgia GDP","slug":"georgia-gdp"},{"id":4051,"title":"Real GDP and Economic Growth","slug":"real-gdp-and-economic-growth"}],"education_level_terms":[{"id":1897,"title":"Graduate","slug":"graduate"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/25898","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=25898"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=25898"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=25898"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=25898"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=25898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}