please answer

The unemployment compensation program. O a. makes recessions more severe. O b. makes recessions more severe and inflationary episodes less severe. O c. makes recession less severe. O d. makes recessions less severe and inflationary episodes more severe. O e. has no effect on the severity of recessions and inflationary episodes. QUESTION 2 During the Reagan administration, the Laffer curve was used to ague that O a. the supply-side effects of tax cuts are relatively small. Ob. discretionary tax cuts are unwise because they create stagflation. O c a flat tax" would simplify the tax code and stimulate economic growth. d. lower income tax rates could increase tax revenues, QUESTION 3 The change in consumption divided by a change in income is defined as: a, transitory consumption Ob. autonomous consumption,