Money leakages, however, are quite high. Required reserves and leakages amount to 40% of deposits. What is the leakage adjusted money multiplier? leakage-adjusted money multiplier If a financial crisis develops in Ruritania, with numerous loans going into default, is the money multiplier likely to increase or decrease? decrease increase Which example does not represent a leakage from the money multiplier process? cash held by the Fed excess reserves cash held by individuals O cash held by foreigners