How much of the GDP is spent on education?
only about 5.2% in canada
What is the relationship between investment in human capital (education etc.) and gross domestic product (GDP)?
GDP: gross domestic product; basically how much money taken by the country from within itself. Real GDP: * definition waiting. Per capita GDP: The GDP divided by the population. A good estimate of how much each person makes - a larger population with a fairly large GDP might appear to be better off, but a lower per capita GDP indicates that it is not as good as a smalller country with higher per capita GDP.
Educational Expenditures: Educational expenditures are all the money spent on education by both the public and private sector. Often, public education expenditure is listed as a percentage of gross domestic product (GDP). Education Quality: Recipients, obstacles, and money govern the parameters defining educational quality. Within the bounds of private education, the person paying determines what constitutes a quality education based largely on their personal expectations as well as their position in society. In the public…
The adavantage of using GDP is it shows how much you have grown capared to the nations around you. The bad thing is that it does not show the inflation. With GDP you can not compare a country from year to year. But there is a solution. Use Real GDP, this uses a fixed price, and it shows how much you are really producing from one year to anouther.
Public receipts are scrolls of paper containing the results of how much the majority of the public spent on different sectors. eg. food, housing, education and clothes. Each country has a receipt at the end of the year showing how much the country has spent each year. They are known as Public receipts.
The question is not specific enough for a sensible answer. Is the question about: What percentage of the world GDP is spent on cricket? The answer is probably 0. What percentage of national income is spent on cricket? The answer is probably 0 again. What percentage of a person's income is spent on cricket? The answer depends on the individual - his or her income and the country they live in, support and so on.
Technically, none; just a minimum age of 18 but in reality years of education is received if you count up all the hours of practice hours spent in the batting cage and the like. Not to mention how much you have to learn about the edicate of the game,and days spent in hotel rooms waiting for the rain to stop so you can start your tounament.