The size effect and the diffusion effect always occur in isolation

If Shaniq is a risk averse, then

A) her cost of risk exceeds $0. B) she has diminishing marginal utility of wealth. C) she is willing to buy insurance if the cost of insurance is low enough. D) all of the above.

Which of the following correctly states the relationship between GDP and GNP for the U.S.?

a. GDP equals GNP minus the net income of foreigners. b. GDP equals GNP plus the net income of foreigners. c. GDP equals GNP minus indirect business taxes. d. GDP equals GNP.