(c) Write down the household's budget constraint under this PRS scheme. Calculate the y- intercept and...

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(c) Write down the household's budget constraint under this PRS scheme. Calculate the y- intercept and the slope of the budget line. Draw this budget constraint (BCPRS) with clear labels on the graph. qPRS = (d) If the government implements this PRS scheme, the household chooses CPRS = 64 and 120. How much of its own income does the household spend on housing? And how much does the government pay towards housing for this household? Let's call this amount G, the government's budget for housing programs per household. (c) Write down the household's budget constraint under this PRS scheme. Calculate the y- intercept and the slope of the budget line. Draw this budget constraint (BCPRS) with clear labels on the graph. qPRS = (d) If the government implements this PRS scheme, the household chooses CPRS = 64 and 120. How much of its own income does the household spend on housing? And how much does the government pay towards housing for this household? Let's call this amount G, the government's budget for housing programs per household.