In 2005, how many times greater was the average CEO's salary compared to that of a typical employee?

Multiple choice question for Miscellaneous Economics Mcqs. Select an option, then review the explanation below.

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50 times higher than the average employee's pay100 times higher than the average employee's pay250 times higher than the average employee's pay262 times higher than the average employee's pay

Explanation

The average CEO's compensation in 2005 was 262 times that of a typical worker, significantly exceeding the other listed multiples.

Practice related questions from the same subject.

1.How has the United States utilized foreign aid in its international relations?
2.Which of the following is NOT considered a theoretical framework in the study of international relations?
3.What is the name of the balance-of-power framework where four or more major powers competed and created changing alliances to prevent any single power from dominating the others?
4.Which of the following is NOT typically considered a primary goal of a state?
5.Prior to the Treaty of Westphalia in 1648, how was political organization generally characterized worldwide?

In 2005, how many times greater was the average CEO's salary compared to that of a typical employee?

Explanation

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