A local forest provides habitat for deer that are harvested by hunters. The hunters receive what type of benefit in this case?

An absence of property rights often leads to market failure. When this is the case, how does society usually solve the problem?

The debate over how governments should respond to deep economic downturns is difficult to resolve with hard empirical evidence because:

A. deep economic downturns are rare events, so there isn't a lot of relevant data. B. there's so much data that it's difficult to draw meaningful conclusions. C. few economists are interested studying economic downturns. D. most economists are only interested in economic theory.