{"id":26132,"date":"2026-11-01T03:49:23","date_gmt":"2026-10-31T21:49:23","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/correctly-explains-gdp\/"},"modified":"2026-11-01T03:49:23","modified_gmt":"2026-10-31T21:49:23","slug":"correctly-explains-gdp","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/correctly-explains-gdp\/","title":{"rendered":"Which statement correctly explains GDP?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Which statement correctly explains GDP?<\/p>\n\n\n<ul class=\"quiz-options\">\n<li>It is the number of residents with jobs<\/li>\n<li>It is the sum of all bank balances<\/li>\n<li>It measures value added by production across an economy<\/li>\n<li>It equals only state government spending<\/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-26132","mcq","type-mcq","status-publish","hentry","subject-us-economy","topic-florida-economy","topic-florida-facts","education_level-grade-8"],"mcq_note":"<p><strong>It measures value added by production across an economy<\/strong> is correct. GDP measures value added in production rather than government spending alone.<\/p><p>GDP measures production, while income and employment measure different economic outcomes.<\/p>","mcq_options":[{"right":"no","answer":"It is the number of residents with jobs"},{"right":"no","answer":"It is the sum of all bank balances"},{"right":"yes","answer":"It measures value added by production across an economy"},{"right":"no","answer":"It equals only state government spending"}],"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\/26132","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=26132"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=26132"}],"wp:term":[{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=26132"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=26132"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=26132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}