During the first wave of regulation, most of the offices that were set up to perform regulatory functions were primarily promotional in nature. Which of the following was an exception?

Many nonunion companies offer higher compensation than they would if unions were nonexistent. What is this phenomenon called?

A) progressive compensation B) the spillover effect C) concessionary bargaining D) inter-industry compensation differentials

Firms acquire debt in either the form of loans from commercial banks, or by selling new common stock

Indicate whether the statement is true or false.