For purposes of calculating GDP using the expenditure approach, which of the following payments is not included in the government spending component? A. Social Security pensions B. The wages paid by a local government to its road crew C. The wages paid by a state government to the workers in its welfare department D. The federal governments purchase of a submarine from a shipbuilder
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Home » Business » For purposes of calculating GDP using the expenditure approach, which of the following payments is not included in the government spending component? A. Social Security pensions B. The wages paid by a local government to its road crew C.