nentingn "- does ifnoleenel a ical bu! what effect does implementing a procyclical budget balancing policy have on the economy? a. output will increase during periods where recession is a potential problem, and decrease during periods where inflation is a potential problem b. government will eliminate any output gaps that arise over the course of a business cycle C. the National Debt will significantly increase d. the economy's output gaps will become more extreme e. none of the above