The multiplier
This section explains the multiplier: what it is, how it works in the circular flow, how to calculate it in a two-sector economy, how taxes and imports affect it, and how it is shown on a 45-degree…
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What will I learn in "The multiplier"?
This section covers The multiplier as part of The circular flow model, national account aggregates and the multiplier in Grade 12 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.
Is this section aligned with the CAPS curriculum?
Yes. All notes on Hlayiso, including "The multiplier", are written against the official CAPS curriculum and ATP for Grade 12 Economics.
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Continue with the next section in The circular flow model, national account aggregates and the multiplier, or test your understanding with the interactive quiz linked to this section.
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