The amount of business lending tends to fall during recessionary periods.

Name: The amount of business lending tends to fall during recessionary periods.
Brand: Quizplus
Rating: 4.9 (61 reviews)

Question

Quizplus · Accepted Answer

During recessionary periods, there is usually a decrease in demand for loans due to the lack of opportunities for businesses to invest and expand. Also, banks become more risk-averse and tighten their lending standards, making it more difficult for businesses to qualify for loans. This results in a decrease in business lending.

The Amount of Business Lending Tends to Fall During Recessionary