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The following statements are, given certain assumptions, either true, false, or partly true and partly false. State which is the case and give your reasons.

The following statements are, given certain assumptions, either true, false, or partly true and partly false. State which is the case and give your reasons. It is the accuracy of your reasons that principally determines your grade.

5. (10 points) Whenever the rate of profit on capital is positive, the rate of exploitation of labor must be positive and equal to the rate of profit.

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