Input: Financial crisis of 2007%E2%80%9308
For a variety of reasons, market participants did not accurately measure the risk inherent with financial innovation such as MBS and CDOs or understand its impact on the overall stability of the financial system. For example, the pricing model for CDOs clearly did not reflect the level of risk they introduced into the system. Banks estimated that $450bn of CDO were sold between "late 2005 to the middle of 2007"; among the $102bn of those that had been liquidated, JPMorgan estimated that the average recovery rate for "high quality" CDOs was approximately 32 cents on the dollar, while the recovery rate for mezzanine CDO was approximately five cents for every dollar.

What are the reasons market participants did not understand the impact financial innovation products would have?
Output: a variety of reasons


Input: Article: In addition, the minority leader has a number of other institutional functions. For instance, the minority leader is sometimes statutorily authorized to appoint individuals to certain federal entities; he or she and the majority leader each name three Members to serve as Private Calendar objectors; he or she is consulted with respect to reconvening the House per the usual formulation of conditional concurrent adjournment resolutions; he or she is a traditional member of the House Office Building Commission; he or she is a member of the United States Capitol Preservation Commission; and he or she may, after consultation with the Speaker, convene an early organizational party caucus or conference. Informally, the minority leader maintains ties with majority party leaders to learn about the schedule and other House matters and forges agreements or understandings with them insofar as feasible.

Now answer this question: Who does minority leader have informal ties with for scheduling house matters?

Output: majority party leaders


Article: By the end of the early modern period, the structure and orientation of higher education had changed in ways that are eminently recognizable for the modern context. Aristotle was no longer a force providing the epistemological and methodological focus for universities and a more mechanistic orientation was emerging. The hierarchical place of theological knowledge had for the most part been displaced and the humanities had become a fixture, and a new openness was beginning to take hold in the construction and dissemination of knowledge that were to become imperative for the formation of the modern state.

Question: The change in universities towards the completion of the early modern period is credited with the formation of what entity?
Ans: the modern state


Here is a question about this article: Annual precipitation is 40 inches (1,020 mm) which is fairly spread throughout the year. Owing to its proximity to the Atlantic Ocean and its location in South Jersey, Atlantic City receives less snow than a good portion of the rest of New Jersey. Even at the airport, where low temperatures are often much lower than along the coast, snow averages only 16.5 inches (41.9 cm) each winter. It is very common for rain to fall in Atlantic City while the northern and western parts of the state are receiving snow.
What is the answer to this question: Atlantic City's lack of snowfall is due to its location in South Jersey and its proximaty to which body of water?
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So... Atlantic Ocean


The problem: Answer a question about this article:
The city is home to 261,546 (mid-2014 est.) people, making it the 30th most populous built-up area in the United Kingdom. It is governed locally by Plymouth City Council and is represented nationally by three MPs. Plymouth's economy remains strongly influenced by shipbuilding and seafaring including ferry links to Brittany (Roscoff and St Malo) and Spain (Santander), but has tended toward a service-based economy since the 1990s. It has the largest operational naval base in Western Europe – HMNB Devonport and is home to Plymouth University.
How many members of Parliament represent Plymouth?
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The answer: three


The problem: Answer a question about this article:
Matches are held within a wrestling ring, an elevated square canvas mat with posts on each corner. A cloth apron hangs over the edges of the ring. Three horizontal ropes or cables surround the ring, suspended with turnbuckles which are connected to the posts. For safety, the ropes are padded at the turnbuckles and cushioned mats surround the floor outside the ring. Guardrails or a similar barrier enclose this area from the audience. Wrestlers are generally expected to stay within the confines of the ring, though matches sometimes end up outside the ring, and even in the audience, to add excitement.
What is around the ring?
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The answer:
Three horizontal ropes or cables surround the ring,