Which of the following will NOT be included in the U.S. GDP?
A) social security payments made by the federal government to U.S citizens
B) the purchase of new military equipment by the federal government for the U.S military
C) spending by the federal government to maintain national parks
D) spending by the local government on public schools

Question

Quizplus · Accepted Answer

Social security payments made by the federal government to U.S citizens are transfer payments and do not reflect the production of goods or services, hence they are not included in the GDP.

Which of the Following Will NOT Be Included in the U.S