Within the General area of Restrict, you can set different messages that will be displayed to users that are not allowed to access the restricted content, decide whether you want to restrict the comments as well and also select to restrict access to the whole website and restrict access to REST API to non-logged in users.
Depending what restrictions you’re using, you can set up a different message for the following criteria:
The Restrict Comments option will disable the comments on the page or post which has restricted content. The same criteria you have used to restrict the content will be applied to the comments as well.
If enabled, this option will block access to your whole website to all non-logged in users. So, if non-logged in user attempts to visit any part of your website, they will be automatically redirected to WordPress’ login page and only once they log in, the user will be able to access the website.
With this option enabled, you will be effectively restricting access to WordPress’ REST API to all the non-logged in users.