This assignment requires a response to three questions related to economic policies, including the effectiveness of higher taxes in a recession, the impact of increasing money supply on interest rates, and the concept of government spending according to Keynes.

Please respond to the following questions:
1. Are higher taxes a good idea in an economy in recession?
2. Does increasing the money supply result in lower interest rates?
3. According to Keynes, does $1 of government spending lead to a greater than $1 increase in national income?

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