The officers of the largest U.S.corporations earn about 100 times more than the president of the United States.

Question

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The statement is true. According to Forbes, the average CEO salary in the U.S. in 2019 was $14.5 million, while the U.S. President's salary was $400,000. This means that CEOs earn about 36 times more than the President. However, for the largest U.S. corporations, the CEO-to-worker pay ratio can exceed 300:1, meaning that the CEO earns about 100 times more than the President.

The Officers of the Largest U