In a system in which all banks have a uniform reserve requirement, the money multiplier is equal to 1 divided by the required reserve ratio.

Name: In a system in which all banks have a uniform reserve requirement, the money multiplier is equal to 1 divided by the required reserve ratio.
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Quizplus · Accepted Answer

This is because the money multiplier formula is 1/RRR, where RRR is the required reserve ratio, and in a system with uniform reserve requirements across all banks, the RRR will be the same for all banks.

In a System in Which All Banks Have a Uniform