The governor queried the economic sense in taking over N12 trillion loan so as to be able to spend more
money during economic recession.
Not exact matches
It's more susceptible to
economic ups and downs — people have less
money to gamble with
during a
recession — and the firms also have a lot of exposure to real estate.
During recessions, banks are less likely to loan
money and consumers are less likely to pursue loans due to
economic uncertainty.
The report, issued Monday, also found that only a handful of states that cut
money for education
during the
recession have increased it again
during the
economic recovery.
During time so
economic recession and market turmoil, we tend to pull back a little bit and consider how to best protect our
money and remain financially solvent.
Economic conditions can also play a role for term life insurance rates as it did
during the Great
Recession when investors became wary of lending
money at low rates as insurance companies, to cover a policy, must put up a large amount of capital.