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In a simple macro model with demand-determined output,the simple multiplier is equal to 1/(1-z) ,where z equals the
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when entrusted with care of money, property, or confidential information.
Corporate Decisions
Corporate decisions are choices or judgments made by the leadership of a corporation that affect the direction, strategy, operations, or governance of the organization.
Preemptive Rights
Rights that allow shareholders to purchase additional shares in a company before the company offers them to the public, protecting their ownership percentage from dilution.
Transferability
The ability of an asset or property right to be sold or otherwise transferred from one party to another.
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