Question

Expenditure on education of 7 types​

Answer 1

Answer:

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Public spending includes expenditure on schools, universities and other public and private institutions delivering or supporting educational services. This indicator shows the priority given by governments to education relative to other areas of investment, such as health care, social security, defence and security.

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Answer 2

Educational expenditure is classified into three types:

1. Current or recurring expenditure.

2. Capital out-lay or non-recurring expenditure.

3. Debt charges.

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