Use the following to answer questions: 
-(Table: Utility for Terri and Mary) Look at the table Utility for Terri and Mary. Each has an income of $300. If each were offered insurance to offset the risk of falling income, _____ would pay a larger premium because she is the consumer with _____ risk aversion.
Definitions:
Power Distance
A cultural dimension that describes the extent to which members of a society accept and expect power to be distributed unequally.
Uncertainty Avoidance
A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity and uncertainty and attempt to minimize these through strict laws and rules.
Egalitarian
Referring to a belief in or practice of equal rights for all individuals, often emphasizing equality and minimal hierarchy.
GLOBE Researchers
A group of scholars involved in a study aimed at understanding the impact of culture on leadership and organizational practices worldwide.
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