Could you please help me solve the below question:

(5 Points) There is a pay-as-you-go social security system where social security is funded by a proportional tax on the consumption of the young. That is, the tax collected by the government is tc, where t is the tax rate and cis consumption of the young. Retirement benefits are given out as a fixed amount b to each old consumer. a) Using the information above, what is the government budget constraint? (To have your mark in this question, you NEED to show your calculation and solution (with all the steps) in the midterm exam file posted underAssessment Assignment) O a) t=b O b) b=(1+n)tc O c) N'b=Nt C)d)Nt=Nb C) e) N't=Nb