After you have studied Reading Between the Lines on pp. 460461, answer the following questions. a. What

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After you have studied Reading Between the Lines on pp. 460–461, answer the following questions.
a. What are the broad facts reported in the news article about the gap in the incomes of CEOs and the average wage rate during the 1960s and in 2008?
b. What does Sam Pizzigati say should happen to top CEO pay?
c. How can the idea of a contest among potential CEOs explain the trend in CEO pay?
d. If the contest among potential CEOs is the correct explanation for the trend in CEO pay, what would be the effects of a cap on CEO pay?
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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