Studies find that mutual fund managers who do well in one year are likely to do well the next year

Which of the following is one of the convergence criteria that countries needed to satisfy to join the Eurozone?

A) 10 consecutive years in the ERM band without devaluation of its currency B) a government deficit of no more than 25% of GDP in the previous year C) total government debt of no more than 60% of GDP in the previous year D) an inflation rate of 0% in the previous 10 consecutive years

John's utility from an additional dollar increases more when he has $1,000 than when he has $10,000. From this, we can conclude that John

A) is risk averse. B) is risk loving. C) is risk neutral. D) has a negative marginal utility of wealth.