Cryptocurrency Q&A
What do is lm stand for?
What do is lm stand for?
CryptoDynasty
Wed Nov 06 2024
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5 answers
1181
I came across a term "lm" in some context, but I'm not sure what it stands for. I want to know the meaning or abbreviation behind "lm".
5 answers
CryptoAlchemy
Fri Nov 08 2024
The LM curve, on the other hand, represents the equilibrium in the money market, where the demand for money is equal to the supply of money.
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henry_harrison_philosopher
Fri Nov 08 2024
By combining the IS and LM curves, the IS-LM model demonstrates how the two markets interact with each other.
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Leonardo
Fri Nov 08 2024
The IS-LM model is a crucial concept in Keynesian macroeconomics.
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Daniele
Fri Nov 08 2024
It is an abbreviation for “investment-saving” (IS) and “liquidity preference-money supply” (LM).
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SamuraiBrave
Fri Nov 08 2024
The IS curve represents the equilibrium in the goods market, where the total output is equal to the total demand.
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