In the 20th century the veil of money is used to describe questions of stability and the exchangeability of money for interest or commodity in a stickiness between money and goods, or money and interest.
22.
The Monetary Authority of Singapore and the Monetary Authority of Brunei Darussalam ( Autoriti Monetari Brunei Darussalam ) still maintain the historic exchangeability of their two currencies, the Singapore dollar and the Brunei dollar, respectively.
23.
A key provision of the agreement provides for " exchangeability " of clergy members, an important consideration in the case of hundreds of small congregations whose meager finances keep them on the edge of survival.
24.
One situation where exchangeability might reasonably be presumed to hold would be where a specimen to be scored, say a blood specimen, is divided into multiple aliquots, and the aliquots are measured separately on the same instrument.
25.
In Bayesian inference, randomization is also of importance : in survey sampling, use of sampling without replacement ensures the exchangeability of the sample with the population; in randomized experiments, randomization warrants a missing at random assumption for covariate information.
26.
Hence, the general equivalent form in practice gives way to the money-commodity, which is a universal equivalent, meaning that ( provided people are willing to trade ) it possesses the characteristic of direct and universal exchangeability in precisely measured quantities.
27.
In modern economics, the " value " of something is defined either as a money-price, or as a personal ( subjective ) valuation, and the exchangeability of products as such presents no special problem; it normally does not merit any special inquiry since exchangeability as such is taken for granted.
28.
In modern economics, the " value " of something is defined either as a money-price, or as a personal ( subjective ) valuation, and the exchangeability of products as such presents no special problem; it normally does not merit any special inquiry since exchangeability as such is taken for granted.
29.
The 12 off-diagonal entries of the rate matrix, Q \ ( note the off-diagonal entries determine the diagonal entries, since the rows of Q \ sum to zero ) can be completely determined by 9 numbers; these are : 6 exchangeability terms and 3 stationary frequencies \ pi _ x \, ( since the stationary frequencies sum to 1 ).
