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Chapter 88

2024.10 : B-B(analysis included)

READING 2 · 27 questions

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Chapter 88 · 2024.10 : B-B(analysis included) · READING 2

Mauricio Drelichman and Hans-Joachim Voth's analysis of the overall debt and revenue of the government of Philip II (who ruled an empire including Spain and Sicily from 1556 to 1598) found an intriguing _____ : although the government regularly defaulted on debt, it ran an even larger overall surplus than did the government of eighteenth-century Britain, which historians consider a model of fiscal virtue.

 

Which choice completes the text with the most logical and precise word or phrase?

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