{"id":26130,"date":"2026-11-01T03:49:23","date_gmt":"2026-10-31T21:49:23","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/does-nominal-gdp-measure\/"},"modified":"2026-11-01T03:49:23","modified_gmt":"2026-10-31T21:49:23","slug":"does-nominal-gdp-measure","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/does-nominal-gdp-measure\/","title":{"rendered":"What does nominal GDP measure?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What does nominal GDP measure?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>The value of production at current prices<\/li>\n<li>The number of factory workers<\/li>\n<li>Only wages adjusted for inflation<\/li>\n<li>Only government tax revenue<\/li>\n<\/ul>","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","subject":[3258],"topic":[4066,4057],"education_level":[1894],"class_list":["post-26130","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-florida-economy","topic-florida-facts","education_level-grade-8"],"mcq_note":"<p><strong>The value of production at current prices<\/strong> is correct. Nominal GDP measures economic production valued at current prices.<\/p><p>Current-dollar GDP includes the effect of price changes; use real GDP when asking how inflation-adjusted output changed.<\/p>","mcq_options":[{"right":"yes","answer":"The value of production at current prices"},{"right":"no","answer":"The number of factory workers"},{"right":"no","answer":"Only wages adjusted for inflation"},{"right":"no","answer":"Only government tax revenue"}],"multi_answers":"no","subject_terms":[{"id":3258,"title":"U.S. Economy","slug":"us-economy"}],"topic_terms":[{"id":4066,"title":"Florida Economy","slug":"florida-economy"},{"id":4057,"title":"Florida Facts","slug":"florida-facts"}],"education_level_terms":[{"id":1894,"title":"Grade 8","slug":"grade-8"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/26130","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=26130"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=26130"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=26130"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=26130"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=26130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}