If there are negative externalities that spill across governmental borders, this provides a justification for _____

Transfer payments are subtracted from national income to get to personal income

Indicate whether the statement is true or false

One result of asymmetric information in the market for used cars is that

a. few used cars are offered on the market b. few lemons are sold c. more lemons may be offered for sale than good cars d. buyers benefit at the expense of sellers e. good cars will sell for more than they are worth