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On the Aggregate Supply Curve,when Short-Run Output Deviations Are Equal

question 56

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On the aggregate supply curve,when short-run output deviations are equal to zero,the y-intercept is equal to:


Definitions:

Tender Offer

A public offer by a bidder to purchase a subject company’s shares directly from its shareholders at a specified price for a fixed period of time.

Greenmail

A situation where a company buys back its own shares at a premium from a potential acquirer to prevent a takeover.

Going Private

A transaction or series of transactions in which a publicly traded company is transformed into a privately held one.

Freeze-Out

In corporation law, a type of oppression by which only minority shareholders are forced to sell their shares.

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