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.

9. (15 points) In Marx, when labor productivity in the sector producing wage goods (say, corn) increases, these are three consequences: (i) the value of labor power falls; (ii) the money wage rises; and (iii) absolute surplus value earned by capitalists increases.