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Positive relationship in the currency market

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Reference no: EM133160838

The LM bend is up slanting on the grounds that the loan cost and result have a positive relationship in the currency market: as pay {indistinguishably equivalent to yield} expands, the interest for cash increments. Bringing about an ascent in the loan fee to simply counterbalance the beginning ascent in cash demand.

Reference no: EM133160838

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