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.
The graph of The Aggregate demand is a downward slope. The graph of The Aggregate demand tells us that, as the prices of all goods and services (the GDP Deflator) rise (fall), the demand for all goods and services (aggregate demand) will fall (rise).