Input: Financial crisis of 2007%E2%80%9308
CDO issuance grew from an estimated $20 billion in Q1 2004 to its peak of over $180 billion by Q1 2007, then declined back under $20 billion by Q1 2008. Further, the credit quality of CDO's declined from 2000 to 2007, as the level of subprime and other non-prime mortgage debt increased from 5% to 36% of CDO assets. As described in the section on subprime lending, the CDS and portfolio of CDS called synthetic CDO enabled a theoretically infinite amount to be wagered on the finite value of housing loans outstanding, provided that buyers and sellers of the derivatives could be found. For example, buying a CDS to insure a CDO ended up giving the seller the same risk as if they owned the CDO, when those CDO's became worthless.

What was the estimated value of CDO issuance in Q1 2004?
Output: $20 billion

Input: Friedrich Hayek
In 1991, US President George H. W. Bush awarded Hayek the Presidential Medal of Freedom, one of the two highest civilian awards in the United States, for a "lifetime of looking beyond the horizon". Hayek died on 23 March 1992 in Freiburg, Germany, and was buried on 4 April in the Neustift am Walde cemetery in the northern outskirts of Vienna according to the Catholic rite. In 2011, his article The Use of Knowledge in Society was selected as one of the top 20 articles published in the American Economic Review during its first 100 years.

Which President presented the award to Hayek?
Output: George H. W. Bush

Input: Melbourne
As the centre of Australia's "rust belt", Melbourne experienced an economic downturn between 1989 to 1992, following the collapse of several local financial institutions. In 1992 the newly elected Kennett government began a campaign to revive the economy with an aggressive development campaign of public works coupled with the promotion of the city as a tourist destination with a focus on major events and sports tourism. During this period the Australian Grand Prix moved to Melbourne from Adelaide. Major projects included the construction of a new facility for the Melbourne Museum, Federation Square, the Melbourne Exhibition and Convention Centre, Crown Casino and the CityLink tollway. Other strategies included the privatisation of some of Melbourne's services, including power and public transport, and a reduction in funding to public services such as health, education and public transport infrastructure.

Which city is the center of Australia's "rust belt"?
Output: Melbourne

Input: Institute of technology
Since the 1990s, there has been consolidation in New Zealand's state-owned tertiary education system. In the polytechnic sector: Wellington Polytechnic amalgamated with Massey University. The Central Institute of Technology explored a merger with the Waikato Institute of Technology, which was abandoned, but later, after financial concerns, controversially amalgamated with Hutt Valley Polytechnic, which in turn became Wellington Institute of Technology. Some smaller polytechnics in the North Island, such as Waiarapa Polytechnic, amalgamated with UCOL. (The only other amalgamations have been in the colleges of education.)

What school did Massey University combine with?
Output:
Wellington Polytechnic