Sentence:  Such judgments are meaningful only in so far as persons are members of a world , let us say a community , that embraces Scarsdale or Yonkers , but <WSD>is</WSD> also infinitely richer since it is all-inclusive . 
Meaning of the word marked with <WSD> tags:  have the quality of being; (copula, used with an adjective or a predicate noun)