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It has been said that CEOs (Chief Executive Officers who are in charge of their firms) are overpaid. ...

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It has been said that CEOs (Chief Executive Officers who are in charge of their firms) are overpaid. ...

It has been said that CEOs (Chief Executive Officers who are in charge of their firms) are overpaid. Which of the following would be evidence (if true) that they are, in fact, overpaid?
A) CEOs make many times what their workers make.
B) Firms find that they can find equally qualified persons for a lower salary.
C) CEOs' salaries have increased very rapidly.
D) When CEOs leave their jobs to take new jobs, their new jobs pay more.

Textbook

Modern Labor Economics: Theory and Public Policy

Edition: 12^th

Authors: Ehrenberg, Smith

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