If the RBA purchased government securities, then:

Name: If the RBA purchased government securities, then:
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When the RBA purchases government securities, it increases the amount of money in circulation, leading to an increase in the money supply. This is because the RBA pays for the securities by creating new money, which is then deposited in the accounts of the sellers of the securities. As a result, there is more money available in the economy, which can lead to higher inflation if left unchecked.

If the RBA Purchased Government Securities, Then