Coonsie asked in Social ScienceEconomics · 1 decade ago

How does SS affect the current GDP?

Is it included in the current GDP or excluded because it does not represent current government purchases of goods and services

1 Answer

Relevance
  • Anonymous
    1 decade ago
    Favorite Answer

    No, it's not included. GDP is the total value of goods/services produced. Social Security is just transfer payments.

Still have questions? Get your answers by asking now.