The multiplier is a number.
It measures the final change in national income that comes from an initial change in one of the components of aggregate demand
In this short revision video we cover the formula for the multiplier and work through some example calculations.
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Watch video Explaining and Calculating the Simple Multiplier online, duration hours minute second in high quality that is uploaded to the channel tutor2u 13 December 2022. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 12,899 times and liked it 68 visitors.