Destabilizing speculation refers to
A) actions taken by the International Monetary Fund that increase lending to countries who have pegged their currencies against the dollar.
B) any depreciation of a country's currency as a result of long-run adjustments to purchasing power parity.
C) actions taken by investors who sell a country's currency in anticipation of buying it back later at a lower price.
D) actions taken by currency traders to sell a currency that is undervalued.
C
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a. The economists and policymakers of the Great Recession era were not content to let the markets recover from recession without taking proactive measures to support consumption and investment. b. The economists and policymakers of the Great Recession era were content to let the markets recover from recession without taking proactive measures to support consumption and investment. c. The economists and policymakers of the Great Recession era were not content to let the markets recover from recession without taking reactive measures to support consumption and investment. d. The economists and policymakers of the Great Recession era were content to let the markets recover from recession without taking reactive measures to support consumption and investment.