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(Last Word)The Dispute Over the Pay of Chief Executive Officers

Question 106

Multiple Choice

(Last Word) The dispute over the pay of chief executive officers (CEOs) of U.S.corporations hinges on whether or not such pay:


A) should be granted for past performance or for current performance.
B) is determined in a competitive labor market or in a monopsonistic labor market.
C) is justified on productivity grounds or mainly reflects an overestimation of CEO importance by corporate boards of directors.
D) should contain performance incentives such as stock options,stock shares,or bonuses.

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