In each case naturally the intention for the first action existed, or it would not have been carried out. It is doubtful in the extreme that the initiators of those actions foresaw the full consequences of those actions, especially as the full scale of the consequences did not become apparent for hundreds of years.
<span>So in all three cases the answer must be that the consequences were not intentional.</span>
Answer:
If, the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
Explanation:
