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Exhibit 8-4
-Refer to Exhibit 8-4. A shift in short-run aggregate supply from SRAS? to SRAS? would have been the result of
Direct Management
The process of overseeing and directly controlling operations or tasks without intermediary levels of command.
Charter
A legal document that establishes a corporation or other organization, outlining its purpose, activities, and rights.
Common Stock
A form of corporate equity ownership, a type of security that represents ownership in a corporation, giving shareholders voting rights.
Shares Outstanding
The total number of shares of stock that are currently owned by shareholders, including restricted shares owned by company insiders.
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