Also called carotid artery. either of the two large arteries, one on each side of the head, that carry blood to the head and that divide into an external branch supplying the neck, face, and other external parts, and an internal branch supplying the brain, eye, and other internal parts. adjective.
What is 'Aggregate Demand' Aggregate demand is an economic measurement of the sum of all final goods and services produced in an economy, expressed as the total amount of money exchanged for those goods and services. Since aggregate demand is measured through market values, it only represents total output at a given price level, and does not necessarily represent quality or standard of living.
Derived Demand. What is 'Derived Demand'. Derived demand is a term used in economic analysis that describes the demand placed on one good or service as a result of changes in the price for some other related good or service. It is a demand for some physical or intangible thing where a market exists for both related goods and services in question.