Created by: pworthington
Number of Blossarys: 1
English (EN) Appraisal is defined as when a teacher‟s work is reviewed by the principal, an external inspector or by his or her colleagues. This appraisal can be conducted in a range of ways from a more formal, ...
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 ...
Earnings are annual money earnings as direct payment for labour services provided, before taxes. Income from other sources, such as government social transfers, investment income, net increase in the ...
Final consumption expenditure of government services is the value of goods and services produced for their own use on current account, i.e., the value of their gross output less the value of their ...
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 fiscal internal rate of return is ...
Labour productivity is GDP (gross domestic product) divided by the numbers in employment for a given country.
