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What % of GDP did the U.S. spend on welfare in 1995?

2007-02-12 09:27:10 · 1 answers · asked by paralegaltechnik 3 in Social Science ➔ Economics

Please include a source, and if possible pointers for further research. Thanks!!

2007-02-12 09:28:29 · update #1

1 answers

$387.3 billion = projected welfare spending in 1995
$7247.7 billion = GDP of USA in 1995
3873 / 72477 = 5.3 percent

2007-02-15 01:16:29 · answer #1 · answered by Eric Inri 6 · 1⤊ 0⤋

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