Overview of the Great Moderation

Read the following article: you can google it The Great Moderation, Dead of Alive?,

 
Answer these questions:
What is ‘the Great Moderation’?

What are the key macroeconomic facts of the Great Moderation?

What are the key microeconomic facts?

What are the main factors responsible for the Great Moderation? 

Provide as much detail as possible so that I can understand.