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A key financial innovation of the eighteenth century was Question 18 options: a) deficit spending by enlightened monarchs to pay for vital government reforms. b)
A key financial innovation of the eighteenth century was Question 18 options: a) deficit spending by enlightened monarchs to pay for vital government reforms. b) the circulation of paper banknotes compensating for a lack of coinage. c) trade within Europe was still greater than overseas trade. d) none of the above
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