Step 1: Understand the question.
A combination of NAND gates is given, and we must find which single basic gate it behaves like. The method is to write the output of each NAND step using Boolean algebra.
Step 2: Recall the NAND operation.
A NAND gate gives the AND of its inputs, then inverts it. With one input $A$ tied together, a NAND acts as a NOT gate: its output is $\overline{A}$.
Step 3: Invert each input first.
In the standard two-input arrangement, each input $A$ and $B$ is first sent into a NAND used as a NOT, giving $\overline{A}$ and $\overline{B}$.
Step 4: Combine with a final NAND.
The two results $\overline{A}$ and $\overline{B}$ go into a final NAND gate. Its output is \[ \overline{\overline{A}\cdot\overline{B}}. \]
Step 5: Apply De Morgan's law.
De Morgan's law says $\overline{\overline{A}\cdot\overline{B}} = A + B$.
Step 6: Identify the gate.
The output $A + B$ is exactly the OR operation, so the circuit acts as an OR gate. \[ \boxed{\text{OR gate}} \]