Answer:
The name of the older sister is Julie Christie.
Explanation:
Julie Christie was born in 1940 in Chabua, Assam. She was a famous British actress who did film wide variety of roles in English and American films during 1960s and 1970s. She learned acting at “London’s Central School for Drama” and made a stage debut in 1957.
Her first major film role was in "Billy Liar "directed by John Schlesinger. In 1965, she won Academy award for playing a self-destructive fashion model in Schlesinger’s ‘Darling’. Then she became quite renowned.
Although textile mills and tobacco factories emerged in the South during this time, the plans for a New South largely failed. By 1900, per-capita income in the South was forty percent less than the national average, and rural poverty persisted across much of the South well into the twentieth century.
Answer:
Verified - To make sure if something is true
Pedro is a Keynesian economist and argues that in a downturn, state intervention is the key for economic recovery.
Keynesians believe that GDP (Gross Domestic Product) is positively influenced by aggregate demand. Hence, in order to boost GDP growth after a downturn, the state should step in the economy by increasing public expenditure. This will help to create job positions, increase the disposable income of households and therefore increase overall demand for goods and services.
If more goods and services are demanded, the same cycle restarts as firms would hire more staff in order to increase production to a greater extent to meet the new necesities. The more people who is employed, the more income avilable to continue increasing private expenditure and investments, which in turn GDP and bring economic growth.
<em><u>To make it clearer, the following is the GDP formula for a certain time period</u></em>
<em>GDP = Private Consumption + Private investment + Public expenditure + Exports - Imports </em>
