Which statement is false?

A) American chief executive officers (CEOs) earn on average more than 400 times the salary of the average production worker.
B) The effects of globalization has depressed American wage.
C) Hourly wages and fringe benefits in the U.S.are the lowest of any industrial country.
D) None of the statements are false.

Hourly wages and fringe benefits in the U.S. are not necessarily the lowest of any industrial country. While it is true that American CEOs earn significantly more than the average production worker, and that the effects of globalization have had an impact on American wages, statement C is an overgeneralization and not entirely accurate. Some industrial countries may have lower wages and benefits, while others may have higher.