Problem: Question: "Where did Hayek also come up for a reasoning for fluctuations?"  Context: "Hayek's principal investigations in economics concerned capital, money, and the business cycle. Mises had earlier applied the concept of marginal utility to the value of money in his Theory of Money and Credit (1912), in which he also proposed an explanation for "industrial fluctuations" based on the ideas of the old British Currency School and of Swedish economist Knut Wicksell. Hayek used this body of work as a starting point for his own interpretation of the business cycle, elaborating what later became known as the "Austrian Theory of the Business Cycle". Hayek spelled out the Austrian approach in more detail in his book, published in 1929, an English translation of which appeared in 1933 as Monetary Theory and the Trade Cycle. There he argued for a monetary approach to the origins of the cycle. In his Prices and Production (1931), Hayek argued that the business cycle resulted from the central bank's inflationary credit expansion and its transmission over time, leading to a capital misallocation caused by the artificially low interest rates. Hayek claimed that "the past instability of the market economy is the consequence of the exclusion of the most important regulator of the market mechanism, money, from itself being regulated by the market process"."  Answer:

A: Theory of Money and Credit


Problem: Question: "What is the most common method for any type of manufacturer to gain market exclusivity?"  Context: "There are special rules for certain rare diseases ("orphan diseases") in several major drug regulatory territories. For example, diseases involving fewer than 200,000 patients in the United States, or larger populations in certain circumstances are subject to the Orphan Drug Act.  Because medical research and development of drugs to treat such diseases is financially disadvantageous, companies that do so are rewarded with tax reductions, fee waivers, and market exclusivity on that drug for a limited time (seven years), regardless of whether the drug is protected by patents."  Answer:

A: patents


Problem: Question: "Are there fewer MPs from the Liberal Democrats or Conservatives?"  Context: "London is the seat of the Government of the United Kingdom. Many government departments are based close to the Palace of Westminster, particularly along Whitehall, including the Prime Minister's residence at 10 Downing Street. The British Parliament is often referred to as the "Mother of Parliaments" (although this sobriquet was first applied to England itself by John Bright) because it has been the model for most other parliamentary systems. There are 73 Members of Parliament (MPs) from London, who correspond to local parliamentary constituencies in the national Parliament. As of May 2015, 45 are from the Labour Party, 27 are Conservatives, and one is a Liberal Democrat."  Answer:

A: Liberal Democrat


Problem: Question: "What organization commented on China's response?"  Context: "Francis Marcus of the International Federation of the Red Cross praised the Chinese rescue effort as "swift and very efficient" in Beijing on Tuesday. But he added the scale of the disaster was such that "we can't expect that the government can do everything and handle every aspect of the needs". The Economist noted that China reacted to the disaster "rapidly and with uncharacteristic openness", contrasting it with Burma's secretive response to Cyclone Nargis, which devastated that country 10 days before the earthquake."  Answer:

A:
the International Federation of the Red Cross