The next general election in Indonesia is scheduled on 14 February 2024 to elect a new President, Vice President, and members of national and local legislatives bodies. The election is expected to be safe and peaceful with no political upheaval that might negatively affect the economic condition. Applying the open market equilibrium, analyse how political instability may affect equilibrium in the loanable funds market, net capital outflows, and the rupiah real exchange rate. Use graphics to answer this question.
The next general election in Indonesia is scheduled on 14 February 2024 to elect a new President, Vice President, and members of national and local legislatives bodies. The election is expected to be safe and peaceful with no political upheaval that might negatively affect the economic condition. Applying the open market equilibrium, analyse how political instability may affect equilibrium in the loanable funds market, net capital outflows, and the rupiah real exchange rate. Use graphics to answer this question.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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