exchangeability
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The sorts of long-term, case-controlled studies that could prove the exchangeability premise once and for all would be almost impossible to carry out.
From Slate • Apr. 23, 2013
It is due Menger to point out that he does not make the distinction between value and exchangeability which I have just made.
From The Value of Money by Anderson, Benjamin M.
His theory rests in an analysis of the saleability or exchangeability of goods.
From The Value of Money by Anderson, Benjamin M.
The scheme, assuming as it does, perfect exchangeability of all goods, with infinitesimal increments in consumption, has no place for money.
From The Value of Money by Anderson, Benjamin M.
Cf. also Amasa Walker's contention that "exchangeable value" is tautology, equivalent to "exchangeable exchangeability!"
From The Value of Money by Anderson, Benjamin M.
