10-2 The compartments of the forearm are the anterior, for the flexors (median and ulnar nerves), and the posterior, for the extensors (radial and posterior interosseous nerves). See figure 10-1.
Demand-pull inflation occurs when aggregate demand for goods and services in an economy rises more rapidly than an economyâs productive capacity. One potential shock to aggregate demand might come from a central bank that rapidly increases the supply of money.
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth.