Revenue risk is defined as:

Revenue risk is defined as:
A . the general administrative costs of insurers include components that do not necessarily vary with the level of the equity markets
B . the general administrative costs of investors include components that must necessarily vary with the level of the equity markets
C . the particular administrative costs of insurers include components that must necessarily vary with the level of the equity markets
D . the general administrative costs of investors include components that do not vary with the level of the equity markets

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Answer: A