Recent research on CEO behavior tells us that CEOs generally
A) increase their firm's R&D expenditure so as to boost earnings long before they retire.
B) reduce their firm's R&D expenditure so as to boost earnings long before they retire.
C) reduce their firm's R&D expenditure so as to boost earnings just before they retire.
D) increase their firm's R&D expenditure so as to boost earnings just before they retire.
Correct Answer:
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