Cryptocurrency Q&A
What does lm stand for in money?
What does lm stand for in money?
Stefano
Wed Oct 30 2024
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7 answers
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I'm trying to figure out what 'lm' means in the context of money. I've seen it used in some financial discussions, but I'm not sure if it's a specific term or abbreviation. Can someone clarify this for me?
7 answers
TaegeukChampion
Fri Nov 01 2024
The LM curve serves as a visual depiction of the equilibrium state within the money market.
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Isabella
Thu Oct 31 2024
In the money market, equilibrium is achieved when the quantity of money supplied matches the quantity demanded.
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SolitudeSeeker
Thu Oct 31 2024
The abbreviation L in LM curve signifies liquidity, which pertains to the ease of converting assets into cash.
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DigitalCoinDreamer
Thu Oct 31 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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Starlight
Thu Oct 31 2024
Meanwhile, M in the LM curve stands for money, referring to the financial assets that are widely accepted as a medium of exchange.
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