Cryptocurrency Q&A What is-LM in bank?

What is-LM in bank?

MysticStar MysticStar Thu Oct 31 2024 | 7 answers 1939
I've seen a transaction description on my bank statement with the abbreviation '-LM'. I'm not sure what it stands for or what it means in the context of banking. Can someone explain what '-LM' signifies in a banking transaction? What is-LM in bank?

7 answers

Raffaele Raffaele Sat Nov 02 2024
The acronym LM denotes the Liquidity-Money Curve.

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TaegeukWarrior TaegeukWarrior Sat Nov 02 2024
This curve illustrates a crucial economic relationship.

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SumoPowerful SumoPowerful Fri Nov 01 2024
Specifically, it depicts how interest rates intertwine with money demand.

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Carlo Carlo Fri Nov 01 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.

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SsangyongSpiritedStrength SsangyongSpiritedStrength Fri Nov 01 2024
In simpler terms, it shows the dynamics between borrowing costs and the desire for cash.

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