This effect may appear either in the fall of the value of gold as compared with silver, or notes exchangeable into gold, or in the rise in the value of silver as compared with that of gold, or notes exchangeable into that metal.
The bullionists, struck with terror at so prodigious an addition annually to their darling gold, and consequent diminution in its exchangeable value, are beginning to exert themselves to decry it.
At the existing exchangeable value, the linen which England requires, will exactly pay for the quantity of cloth which, on the same terms of interchange, Germany requires.
The truth is, that by the exchangeable value is meant the quantity of commodities which the labourer can purchase with his wages; so that when we say the exchangeable value of wages, we say their quantity, under another name.
This, therefore, is a question concerning exchangeable value.
Labour and expenditure, of which the direct effect and object are, to endow human or other animated beings with faculties or qualities useful or agreeable to mankind, and possessing exchangeable value.
This, then, is what we mean, when we say that price, or exchangeable value, depends on demand and supply.
Profits depend no more upon theexchangeable value of the labourer's remuneration, than upon its quantity.
Some have given the name of wealth to all things which tend to the use or enjoyment of mankind, and which possess exchangeable value.
Mr. Ricardo, however, did not use the word value in the sense of exchangeable value.
The exchangeable value of food will, therefore, be in excess above the cost of production, including in this cost the full profits of the stock employed upon the land, according to the actual rate of profits, at the time being.
Got on the CROOK" is exchangeable with "Got on the cross," CROOK and cross generally being synonymous.
Both uses of the word common and exchangeableamong the London lower classes.
Snide-pitcher" and "Snide-pitching" are terms exchangeable with the preceding.
Thus, in the Middle Ages, it was all but universal to look upon most indirect agents as exchangeable only under the renting contract, as subject to renting but not to complete transfer and sale.
The marginal utility of the two exchangeable units must come to equilibrium in the individual's judgment.
The exchangeable value in the market of Europe of the annual produce of its land and labour has, without doubt, increased very considerably.
The assumption which lies at the root of nearly all erroneous reasoning on political economy--namely, that its object is to accumulate money or exchangeable property--may be shown in few words to be without foundation.
What is the exact degree of goodness which is "essential" to its exchangeable value, but not "the measure" of it?
And wealth "consists of all useful and agreeable objects which possess exchangeable value.
It must be noted also that I speak here only of the exchangeable value of labour, not of that of commodities.
They partly enhance, since in so far as the gold has acknowledged intrinsic value, it is good currency, because everywhere acceptable; and in so far as it has legal exchangeable value, its worth as a commodity is increased.
The workman is merely indemnified for the first; but the second both produce a part of the exchangeable value of the work, and materially increase its actual quantity.
And in the assertion that value is secondarily dependent upon power in the possessor, it opposes the idea that wealth consists of things exchangeable at rated prices.
The exchangeable value of a commodity is that of the labour required to produce it, multiplied into the force of the demand for it.
The question from which all Political Economy will be found to move--the question to which all its difficulties will be found reducible--is this: What is the ground of exchangeable value?
A poor people, destitute of wealth or of exchangeable commodities, have nothing to purchase foreign fabrics with.
That must depend upon the law of supply and demand, and it may be well to suggest that this government never tried to fix the exchangeable value of a dollar until it began to limit the number of dollars coined.
Carbonic acid itself is a bibasic acid, both hydrogen atoms in it being replaceable by metals, therefore carboxyl, which contains one of the hydrogen atoms of carbonic acid, represents a group in which the hydrogen is exchangeablefor metals.
Coins, being in fact merchandise, will follow the same rules of exchange, and will be attracted to those parts where they bear a greater exchangeable or market value.
The bonds were to be sold at their market value for coin or Treasury notes, and the notes to be exchangeable into them in sums of fifty dollars, or any multiple of fifty.
They are current in almost every part of the American continent, and are readily exchangeable for coin in all the marts of Europe.
The notes were also to be exchangeable into six per cent.
These stamps were madeexchangeable by assistant treasurers for United-States notes in sums not less than five dollars.
Of every thousand labourers associated in any given industry, each produces, with few and unimportant exceptions, a thousandth part of the whole exchangeable product; and his just remuneration is a thousandth part of the value of it.
According to the economists, the relative or exchangeable value of things cannot be absolutely determined; it necessarily varies.
You appear to me, too, to deceive yourself when you think you prove your proposition, because your proof only amounts to this, that your measure is a good measure of exchangeable value but not of absolute value.
My opinion is that corn can only permanently rise in its exchangeable value when the real expenses[89] of its production increase.
If I could overcome the obstacles in the way of giving a clear insight into the original law of relative or exchangeable value, I should have gained half the battle.
But you surely do not mean that the exchangeable value of the commodities exported by America are (sic) in the least degree affected by the quantity of corn awarded to the labourer.
If the mass of commodities be increased we diminish their exchangeable value as compared with those things whose quantity is not augmented.
If the exchangeable value of the annual produce, on the contrary, fall short of the annual consumption, the capital of the society must annually decay in proportion to this deficiency.
The exchangeable value of every thing must always be precisely equal to the extent of this power which it conveys to its owner.
In order to investigate the principles which regulate the exchangeable value of commodities, I shall endeavour to shew, First, what is the real measure of this exchangeable value; or wherein consists the real price of all commodities.
Hence it comes to pass, that the exchangeable value of every commodity is more frequently estimated by the quantity of money, than by the quantity either of labour or of any other commodity which can be had in exchange for it.
But the annual revenue of every society is always precisely equal to the exchangeable value of the whole annual produce of its industry, or rather is precisely the same thing with that exchangeable value.
It tends, therefore, to increase the exchangeable value of the annual produce of the land and labour of the country.
The exchangeable value of its annual produce, therefore, is likely to be diminished by every such treaty.
In the one way, therefore, it increases, in the other it does not increase the exchangeable value of the annual produce of the land and labour of the country.
Labour therefore, is the real measure of the exchangeablevalue of all commodities.
It is the accumulated expense of several successive generations, laid out upon objects of great beauty and magnificence, indeed, but, in proportion to what they cost, of very small exchangeable value.
These rules determine what may be called the relative or exchangeable value of goods.
In the preceding examples the useful value exceeds the exchangeable value: in other cases it is less.
But this phenomenon, which is essentially the result of the law of proportionality of values and of the absolute identity of production and consumption, is at variance with the ordinary notion of useful value and exchangeable value.
Useful value and exchangeable value remain, then, in inevitable attachment, although it is their nature continually to tend towards mutual exclusion.
All exchangeable forms of credit are immediately offered in market at constantly decreasing prices.
All issues of such notes at once become certificates of debt rather than credit, and lose, to greater or less extent, their exchangeable value.
If wealth in some readily exchangeable form is intended for productive use, but is held for a satisfactory opportunity, it is sometimes called free or floating capital.
In all civilized communities, and in many only partially civilized, it is readilyexchangeable for any article of commerce.
Mill defines it as consisting of “All useful and agreeable things which possess exchangeable value.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "exchangeable" in a variety of sentences. We hope that you will now be able to make sentences using this word. Other words: alternate; alternative; interchangeable
