TASK DEFINITION: In this task, you are given a question and a context passage. You have to answer the question based on the given passage.
PROBLEM: Where does Elizabeth live?, Context: Elizabeth's personal fortune has been the subject of speculation for many years. Jock Colville, who was her former private secretary and a director of her bank, Coutts, estimated her wealth in 1971 at £2 million (equivalent to about £25 million today). In 1993, Buckingham Palace called estimates of £100 million "grossly overstated". She inherited an estimated £70 million estate from her mother in 2002. The Sunday Times Rich List 2015 estimated her private wealth at £340 million, making her the 302nd richest person in the UK.

SOLUTION: the UK

PROBLEM: It became easier to move around in non-deep water thanks to what living entity?, Context: The tide-predicting machine invented by Sir William Thomson in 1872 was of great utility to navigation in shallow waters. It used a system of pulleys and wires to automatically calculate predicted tide levels for a set period at a particular location.

SOLUTION: Sir William Thomson

PROBLEM: What subject is Free to Choose about?, Context: Hayek is widely recognised for having introduced the time dimension to the equilibrium construction and for his key role in helping inspire the fields of growth theory, information economics, and the theory of spontaneous order. The "informal" economics presented in Milton Friedman's massively influential popular work Free to Choose (1980), is explicitly Hayekian in its account of the price system as a system for transmitting and co-ordinating knowledge. This can be explained by the fact that Friedman taught Hayek's famous paper "The Use of Knowledge in Society" (1945) in his graduate seminars.

SOLUTION:
"informal" economics