Let's see WAVOUT (U_2) which shows you the output of multiplier. The AM signal is modulated like this. You can check the spectrum of the AM signal. Open a monitor for FFTMON (U_11). There are peaks at 2700Hz (3000 - 300) and 3300Hz (3000 + 300). That's because the Carrier is 3kHz and Base Band is 300Hz. That's it for this class. We use a multiplier to mix Base Band and Carrier. Please note that the Base Band needs to be always positive value before the multiplier. In next class, we will put a demodulator after the circuit of this class.
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