The loan loss provision should increase during periods when loan losses are more likely, such as during a recessionary period.

Name: The loan loss provision should increase during periods when loan losses are more likely, such as during a recessionary period.
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Loan loss provisions are set aside by banks to cover potential losses on loans, and they typically increase during recessionary periods when borrowers are more likely to default on their loans.

The Loan Loss Provision Should Increase During Periods When Loan