Created by: pworthington
Number of Blossarys: 1
Capital expenditure represents the value of educational capital acquired or created during the year in question, – that is, the amount of capital formation – regardless of whether the capital outlay ...
Current expenditure is expenditure on goods and services consumed within the current year, which needs to be made recurrently to sustain the production of educational services. Minor expenditure on ...
Differences are reported as statistically significant when a difference of that size, or larger, would be observed less than 5 per cent of the time, if there was actually no difference in ...
The unemployment ratio (expressed as a percentage), is the number of unemployed persons, which is defined according to the guidelines of the International Labour Office. (ILO), divided by the total ...
The rate of return represents a measure of the returns obtained, over time, relative to the costs of the initial investment in education. More specifically, the social internal rate of return is ...
Salaries means the gross salaries of educational personnel, before deduction of taxes, contributions for retirement or health care plans, and other contributions or premiums for social insurance or ...
Retirement expenditure is the cost incurred currently, exclusive of any contribution by employees, in providing future retirement benefits for persons currently employed in education. This cost can ...