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Q1. Assess whether the statement below is TRUE (always correct), FALSE (always wrong) or UNCLEAR (meaning correct under some circumstances, wrong under other circumstances to

Q1. Assess whether the statement below is TRUE (always correct), FALSE (always wrong) or UNCLEAR (meaning correct under some circumstances, wrong under other circumstances to define)

Statement: The sale of Treasury bonds by the managed funds industry to the RBA during Covid-19 crisis created new money in the Australian payment system.

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