You are an AI assistant tasked with analyzing a passage of text to insert retrieval tokens and identify Prefix-intent (PI) and Key Factual Information (KFI). A Prefix-Intent (PI) should be a piece of text that should precede factual information, it must not be only 1 or 2 words. Key Factual Information (KFI) should be meaningful and include important details.

Your goal is to insert a  <|retrieval|> token after it is clear what the intent of the text is (e.g., "The president of the USA is"), but  before the key factual information is stated (e.g., "Joe Biden"). Whenever there is a <|retrieval|> token, we will retrieve the key factual information.

Here is the passage you will be working with:

<passage>
negative due to reduced trading volumes. Revenues from the transaction tax on fixed-income securities were initially expected to amount to 1,500 million Swedish kronor per year but actually amounted to no more than 80 million Swedish kronor in any year. Reduced trading volumes also caused a reduction in capital gains tax revenue which entirely offset the transaction tax revenues. An examination of the scale and nature of the various payments and derivatives transactions and the likely elasticity of response led Honohan and Yoder (2010) to conclude that attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much less revenue than expected and by generating far-reaching changes in economic behavior. They point out that, although the side effects would include a sizable restructuring of financial sector activity, this would not occur in ways corrective of the particular forms of financial overtrading that were most conspicuous in contributing to the ongoing financial crisis. Accordingly, such taxes likely deliver both less revenue and less efficiency benefits than have sometimes been claimed by some. On the other hand, they observe that such taxes may be less damaging than feared by others. On the other hand, the case of UK stamp duty reserve tax shows that provided exemptions are given to market makers and banks, that FTT can generate modest revenues, at the expense of pensioners and savers. Despite the tax rate of 0.5% on the purchase of shares, the UK managed to generate between €3.7 and €7.4 billion in revenues from stamp duties per year throughout the last decade. Also the cases of Japan, Taiwan and Switzerland suggest that countries may generate sizable amounts of income by introducing FTT on a national scale. If implemented on an international scale, revenues may be even considerably higher, since it would make it more difficult for traders to avoid the tax by moving to other locations. Projections of FTT proposals Worldwide: According to the Robin Hood Tax campaign a FTT rate of about 0.05% on transactions like stocks, bonds, foreign currency and derivatives could raise £250 billion a year globally or £20 billion in the UK alone. United States: The Center for Economic and Policy Research estimates a US FTT to raise $177 billion per year. European Union: The European Commission expects its proposed EU financial transaction tax of 0.1% on bond and equity transactions, and 0.01% on derivative transactions between financial firms to raise up to €55 billion per year. Effect on share prices According to a European Commission working paper, empirical studies show that the UK stamp duty influences the share prices negatively. More frequently traded shares are stronger affected than low-turnover shares. Therefore, the tax revenue capitalizes at least to some extent in lower current share prices. For firms which rely on equity as marginal source of finance this may increase capital costs since the issue price of new shares would be lower than without the tax. Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University, and formerly Chief Economist at the IMF, argues that "Higher transactions taxes increase the cost of capital, ultimately lowering investment. With a lower capital stock, output would trend downward, reducing government revenues and substantially offsetting the direct gain from the tax. In the long run, wages would fall, and ordinary workers would end up bearing a significant share of the cost. More broadly, FTTs violate the general public-finance principle that it is inefficient to tax intermediate factors of production, particularly ones that are highly mobile and fluid in their response."
</passage>

Follow these steps to complete the task:

1. Inserting retrieval tokens:
   a. Read through the text carefully.
   b. Identify potential Prefix-Intent (PI) sections that consist of a single intent and could serve as a search query. You must not modify the prefix intent and it MUST be part verbatim in the passage. It cannot be single or only a few words.
   c. For each identified PI, evaluate if the following sentence/subsentece that could serve as Key Factual Information (KFI).
   d. Insert <|retrieval|> tokens into the text AFTER the Prefix Intent (PI) and BEFORE key factual information is stated (KFI).
   e. Key Factual information should not intersect with Prefix Intent.

2. Identifying Prefix-Intent (PI) and Key Factual Information (KFI):
   a. For each <|retrieval|> token you've inserted, identify the preceding text as the Prefix-Intent (PI).
   b. Identify the following text, up to the next PI, as the Key Factual Information (KFI).
   c. Ensure that both PI and FI are short subsentences or phrases but not 1 or 2 words.

3. Insert <|start-PI|>,<|end-PI|>, <|start-KFI|>, <|end-KFI|>.
   a. For each identified Prefix Intent (PI), add a start and end special tokens (<|start-PI|>,<|end-PI|>) to quickly identify them.
   b. Do the same for the Key Factual Information (KFI) (<|start-KFI|>, <|end-KFI|>)
   c. Ensure that the very first PI in the passage is preceded by <|start-PI|>.
   d. Double-check that every PI and KFI is properly enclosed in these tags.

4. Describing ideal retrieved information:
   a. Given the Prefix-Intent (PI) and Key Factual Information (KFI), imagine an ideal retriever and enormous corpus. 
   b. Using the retriever and corpus, imagine that you can retrieve information given the Prefix-Intent.  
   c. Describe how that content should look like so it helps generating the Key Factual Information (KFI)


5. Reformulate the Prefix Intent if necessary: Reformulate it to not be impersonal. This means that if the subject it is not identified (e.g. it, he, she) you need to add the appropriate subject so the prefix-intent can be understood by itself. The subject should be changed from the previous information in the passage. Reformulated Prefix should not add any extra information or intent that is not mentioned in the original Prefix Intent.


6. Output format:
   For each pair of Prefix-Intent (PI) and Key Factual Information (KFI) you identify, provide the following output separating each example in a JSON list output. Ensure that it is actually a JSON.

   - Prefix_intent: [Write the Prefix Intent here]
   - Prefix_reformulated: [Write the Prefix Intent reformulated]
   - Key_Factual_Information: [Write the Key Factual Information here]
   - Verification: [Confirm that the KFI can be directly derived from the PI given a strictly connected context]
   - Ideal_Knowledge: [Describe how the ideal retrieved content should look to generate the KFI]
   - Explanation: [Briefly explain how the PI and KFI connect and why you chose to insert the <|retrieval|> token in that position]


7. Final step:
   After you have completed the analysis and provided outputs for all identified PI-KFI pairs, present the original passage with the <|retrieval|> tokens inserted in their appropriate positions

Here's an example of the expected output format:

Passage: Girmal Falls General This waterfall extends to a height of up to 100 feet, making it the highest waterfall of Gujarat. The picturesque beauty of this site makes it popular among visitors and people of the region alike. The water swiftly falls from a great height, creating a fog like condition that’s eye catching. The government of this state is working on many projects to make this place an ideal picnic spot and a tourist attraction. The fall comes to its best form at the time of monsoon and provides an immensely striking appearance. Some of the best natural features of Gujarat can be explored in this place. This place is a nice and refreshing retreat for any traveler.

```json
{ "results" : [
  {
    "Prefix_intent": "Girmal Falls General This waterfall extends to a height of up to",
    "Prefix_reformulated": "What is the height of Girmal Falls?",
    "Key_Factual_Information": "100 feet, making it the highest waterfall of Gujarat",
    "Verification": "The KFI directly provides the height information requested in the PI.",
    "Ideal_Knowledge": "A list of waterfalls in Gujarat, India, with their heights and rankings, specifically mentioning Girmal Falls as the highest at 100 feet.",
    "Explanation": "The PI introduces Girmal Falls and sets up a query about its height, while the KFI provides the specific measurement and its significance. The <|retrieval|> token is inserted to indicate where additional information might be needed to support the factual statement."
  },
  {
    "Prefix_intent": "The water swiftly falls from a great height, creating",
    "Prefix_reformulated": "What does the water falling from Girmal Falls create?",
    "Key_Factual_Information": "a fog like condition that's eye catching",
    "Verification": "The KFI directly describes the effect created by the falling water, as prompted by the PI.",
    "Ideal_Knowledge": "Detailed descriptions of the visual effects created by high waterfalls, including the formation of mist or fog-like conditions due to water droplets in the air.",
    "Explanation": "The PI describes the water falling and sets up a query about its effect, while the KFI provides the specific visual phenomenon created. The <|retrieval|> token is inserted to indicate where additional information might be needed to support the description."
  },
  {
    "Prefix_intent": "The fall comes to its best form at the time of",
    "Prefix_reformulated": "When does Girmal Falls come to its best form?",
    "Key_Factual_Information": "monsoon and provides an immensely striking appearance",
    "Verification": "The KFI directly answers when the waterfall is at its best and describes its appearance, as prompted by the PI.",
    "Ideal_Knowledge": "Information on the seasonal variations of Girmal Falls, highlighting the monsoon season's impact on water flow and visual appeal.",
    "Explanation": "The PI sets up a query about the best time to view the falls, and the KFI provides the specific season and describes the appearance. The <|retrieval|> token is inserted to indicate where additional information about seasonal changes might be needed."
  }],
"Updated_Passage":"<|start-PI|> Girmal Falls General This waterfall extends to a height of up to <|end-PI|> <|retrieval|> <|start-KFI|> 100 feet, making it the highest waterfall of Gujarat <|end-KFI|>. The picturesque beauty of this site makes it popular among visitors and people of the region alike. <|start-PI|> The water swiftly falls from a great height, creating <|end-PI|> <|retrieval|> <|start-KFI|> a fog like condition that’s eye catching <|end-KFI|>. The government of this state is working on many projects to make this place an ideal picnic spot and a tourist attraction. <|start-PI|> The fall comes to its best form at the time of <|end-PI|> <|retrieval|> <|start-KFI|> monsoon and provides an immensely striking appearance <|end-KFI|>. Some of the best natural features of Gujarat can be explored in this place. This place is a nice and refreshing retreat for any traveler."
}

```
8. Final check:
  a. Review the Updated_Passage to ensure all PIs and KFIs are properly tagged.
  b. Verify that the first PI in the passage starts with <|start-PI|>.
  c. Make sure there are no missing or misplaced tags.
 
Remember to analyze the entire passage, identify all relevant PI-KFI pairs, and provide the output for each pair as specified. After completing the analysis, present the original passage with the <|retrieval|> tokens inserted in their appropriate positions as part of a new key in the JSON file. Only Ouput the JSON File.