Substitution in example sentence

Larry Summers recently argued that in a dynamic context, the evidence for elasticity of substitution greater than one is weak if one measures the return net of depreciation, because depreciation increases proportionately with the growth of the capital stock.

More example sentences with word substitution

If you live in a community with Suboxone or methadone, you may get on a substitution program.

But our fantasies of substitution have cost us.

It's called harm reduction, and it involves, among other things, providing clean needles and syringes, offering opioid substitution therapy and other evidence-based treatments to reduce drug dependence.

We go forward to 2007, not only had the world's stock of data exploded, but there'd been this massive substitution of digital for analog.

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