Problem: Financial crisis of 2007%E2%80%9308:

The financial crisis was not widely predicted by mainstream economists except Raghuram Rajan, who instead spoke of the Great Moderation. A number of heterodox economists predicted the crisis, with varying arguments. Dirk Bezemer in his research credits (with supporting argument and estimates of timing) 12 economists with predicting the crisis: Dean Baker (US), Wynne Godley (UK), Fred Harrison (UK), Michael Hudson (US), Eric Janszen (US), Steve Keen (Australia), Jakob Brchner Madsen & Jens Kjaer Srensen (Denmark), Kurt Richebacher (US), Nouriel Roubini (US), Peter Schiff (US), and Robert Shiller (US). Examples of other experts who gave indications of a financial crisis have also been given. Not surprisingly, the Austrian economic school regarded the crisis as a vindication and classic example of a predictable credit-fueled bubble that could not forestall the disregarded but inevitable effect of an artificial, manufactured laxity in monetary supply, a perspective that even former Fed Chair Alan Greenspan in Congressional testimony confessed himself forced to return to.

What did Raghuram Rajan speak of?
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A: Great Moderation

Problem: Kievan Rus%27:

As the 10th century progressed, the Khazars were no longer able to command tribute from the Volga Bulgars, and their relationship with the Byzantines deteriorated, as Byzantium increasingly allied with the Pechenegs against them. The Pechenegs were thus secure to raid the lands of the Khazars from their base between the Volga and Don rivers, allowing them to expand to the west. Rus' relations with the Pechenegs were complex, as the groups alternately formed alliances with and against one another. The Pechenegs were nomads roaming the steppe raising livestock which they traded with the Rus' for agricultural goods and other products. The lucrative Rus' trade with the Byzantine Empire had to pass through Pecheneg-controlled territory, so the need for generally peaceful relations was essential. Nevertheless, while the Primary Chronicle reports the Pechenegs entering Rus' territory in 915 and then making peace, they were waging war with one another again in 920. Pechenegs are reported assisting the Rus' in later campaigns against the Byzantines, yet allied with the Byzantines against the Rus' at other times.

What did the Pechenges trade with the Rus?
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A: livestock

Problem: Yale University:

The American studies program reflected the worldwide anti-Communist ideological struggle. Norman Holmes Pearson, who worked for the Office of Strategic Studies in London during World War II, returned to Yale and headed the new American studies program, in which scholarship quickly became an instrument of promoting liberty. Popular among undergraduates, the program sought to instruct them in the fundamentals of American civilization and thereby instill a sense of nationalism and national purpose. Also during the 1940s and 1950s, Wyoming millionaire William Robertson Coe made large contributions to the American studies programs at Yale University and at the University of Wyoming. Coe was concerned to celebrate the 'values' of the Western United States in order to meet the "threat of communism."

What did the American studies program hope to destruct?
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A: unanswerable

Problem: Heresy:

The first known usage of the term in a legal context was in AD 380 by the Edict of Thessalonica of Theodosius I, which made Christianity the state church of the Roman Empire. Prior to the issuance of this edict, the Church had no state-sponsored support for any particular legal mechanism to counter what it perceived as "heresy". By this edict the state's authority and that of the Church became somewhat overlapping. One of the outcomes of this blurring of Church and state was the sharing of state powers of legal enforcement with church authorities. This reinforcement of the Church's authority gave church leaders the power to, in effect, pronounce the death sentence upon those whom the church considered heretical.

What did church authorities gain as a result of this edict?
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A:
state powers of legal enforcement