Question

what assertion is supported by noted economist thomas piketty? select one: a. companies should not place arbitrary limits on the annual pay given to their top executives. b. ceos should not earn more than 100 - 200 times the earnings of the company’s average wage. c. top executives are entitled to any level of pay they can negotiate with their board of directors. d. all bonuses paid to ceos should be tied to long - run increases in market share.

Explanation:

Thomas Piketty has been concerned with issues of income - inequality. He has advocated for limits on high - end executive pay relative to average worker pay. Options a and c support high executive pay without limits, and option d focuses on a specific bonus - tying mechanism. Option b aligns with his views on reducing income inequality by capping CEO pay relative to average worker pay.

Answer:

B. CEOs should not earn more than 100 - 200 times the earnings of the company’s average wage.