Cryptocurrency Q&A What is-LM in currency?

What is-LM in currency?

Martino Martino Mon Nov 04 2024 | 7 answers 1661
I came across the term '-LM' in a currency context and I'm not sure what it stands for. Could it be a specific currency code or does it have a different meaning in the financial world? I'd like to understand its significance. What is-LM in currency?

7 answers

Federico Federico Wed Nov 06 2024
This rate serves as a crucial indicator of the cost of borrowing and the return on savings.

Was this helpful?

202
66
RubyGlider RubyGlider Wed Nov 06 2024
The IS acronym signifies Investment and Savings.

Was this helpful?

195
32
KpopStarletShineBrightnessStarlight KpopStarletShineBrightnessStarlight Wed Nov 06 2024
The LM acronym, on the other hand, represents Liquidity and Money.

Was this helpful?

367
61
Andrea Andrea Wed Nov 06 2024
On the vertical axis of the graphical representation, the symbol 'r' is utilized to depict the interest rate associated with government bonds.

Was this helpful?

289
87
BlockProducer BlockProducer Tue Nov 05 2024
The IS-LM model is a framework in economics that endeavors to elucidate the mechanisms maintaining economic balance.

Was this helpful?

91
93
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts