3392Political ScienceMedium
Which one of the following is not correct about classical thinkers or development?
ALevel of wages was linked with employment capacity of economy.
BLevel of wages could be arbitrarily fixed
CLevel of wages could not be changed by the Government
DLevel of wages could not be changed by labour unions
ESocial product was the outcome of labour utilised
Correct answer
B. Level of wages could be arbitrarily fixed
Explanation
The correct answer is Level of wages could be arbitrarily fixed.