Please answer the following question:

2. Health Insurance, Death Spirals, and Screening: 40 points Pawnee and Eagleton are two neighboring cities with equal population. However, the residents of Eagleton are far more healthy than Pawnee residents. The residents of Eagleton have a 5% probability of requiring medical attention, while this probability for Pawnee residents is 15%. When a person requires medical attention, they must spend 15, 000 to recover, or else they would die. Eagleton residents are also richer than Pawnee residents. Eagleton residents earn a yearly income of $96, 100 and Pawnee residents earn a yearly income of $48, 400. The residents of both towns neglect to save, i.e., they spend their entire income on consumption. They all have the same utility 14(0) 2 . (Please provide answers accurate to the second decimal point.) a. What is the expected utility of Pawnee and Eagleton residents without health in- surance? Underline your answers. (2 points)