(+) Save a GPA. Donate your notes with us.

For purposes of calculating GDP using the expenditure approach, which of the following payments is NOT included in the government spending component?

asked in Economics by

A. The wages paid by a state government to the workers in its welfare department

B. Social Security pensions

C. The wages paid by a local government to its road crew

D. The federal government's purchase of a submarine from a shipbuilder

0 Answer

0 votes
answered Nov 8 by piedmontstudent
Best answer

B. Social Security pensions

Welcome to Sciemce, where you can ask questions and receive answers from other members of the community.