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Sources & Notes

Source: Al Myles and Gary Koenig, "Social Security's Impact on the National Economy," AARP Public Policy Institute, October 2013, Table 6.

Notes: The output multiplier is the ratio of the total impact on the economy to the amount of the original Social Security benefit payments. For example, the output multiplier of 1.95 for the United States means that $714.9 billion in Social Security benefit payments supported about $1.4 trillion in total output in 2012.

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