POLITICAL SCIENCE

Political Science

[Institution Name]

Political Science

Q1: It is the best for a country never to borrow from foreign lenders. Do you agree or disagree? Explain your answer within a model of inter-temporal substitution.

The Inter-temporal Elasticity of Substitution measures the sensitivity of the inter-temporal allocation of consumption to changes in the interest rate. Economic research of recent decades, much attention is paid to problems of economic importance the purposes for which external resources, the dimensions of trench themselves borrowing, as well as their impact on the economy.

The basic principle of the use of borrowed funds, which is grounded in economic theory, is ...