Question

Education expenditure by the government is expressed as a percentage of _______.

• A. total government expenditure
• B. gross domestic product
• C. total revenue of government
• D. none of these

Answer 1

Answer: (A), (B)

The correct options are
A total government expenditure
B gross domestic product

Education expenditure is expressed as a percentage of total government expenditure/total government expenditure. It is expressed as how much of the total income is being committed to the development of education in the country. GDP is a monetary measure of the market value of goods and services produced over the year in the country or the total expenditure on goods and services over the year or government expenditure.