Proponents deny any practical impact of the money multiplier on lending and reserves.

This effect is known as the money (or bank) multiplier.

There is therefore no simple universal money multiplier applying to all banks.

In practice, therefore, the size of the money multiplier will vary and is thus difficult to predict in advance.

There would be a money multiplier of 10.

It won't change anything - because the money multiplier they have faith in doesn't work.

So then the money multiplier, m, will be calculated as:

In practice, the actual money multiplier varies over time, and may be substantially lower than the theoretical maximum.

The money multiplier is defined in various ways.

The most common mechanism used to measure this increase in the money supply is typically called the money multiplier.