The Big Picture By Award Winning Authors That Offer Great Insight Into The Reason Behind The Global Economy Crisis

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The Big Picture is a book by award-winning authors that offer great insight into the reason behind the global economy crisis. The book offers insight into the ways in which one can navigate their way into being successful economists where competition is stiff and the uncertainty of what the market could be tomorrow are a serious challenge. The authors give a clear pathway on how consumers, businessmen, federal reserves and the governments should take account of what is happening about them in order to make critical decisions that they will not regret (Naroff & Scherer, 2014). What is assumed to be common sense is fundamentally different to those that takes keen interest in the global economy and therefore individuals should take informed steps to cope with this. The book covers a range of issues that are crucial in the global economy. One that is most noteworthy to me is the Economic Theory and Fiscal and Monetary Policy. I think this is an outstanding issue because it explains the monetary policies that the global market operates on and how they are co-related (Tan, 2000). Some of the policies include the business cycle, taxation, bottom line recession balance of debts and loans and budget policies and the stock exchange market. In my opinion, this is an important issue as it cut across almost all aspect of the economy and decisions are made based on these monetary policies. These policies explain the relationship between budget deficits and taxation. Most financial sectors

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