The Availability of Credit Makes an Economy More Financially Fragile

The availability of credit makes an economy more financially fragile because

A) consumers are unable to spend because they cannot get loans.
B) during recessions, consumers and businesses may be unable to repay debt leading to financial difficulties for financial institutions.
C) during recessions, financial institutions become too free and easy with credit leading to too much borrowing.
D) during expansions, many businesses and individuals may go bankrupt from spending too much.