Please answer question five.

Thank you.

C' A Parent's Consumption Parent's Consumption Uo Y' C' B' B Y'o Uo U1 C Y1 Yo C1 Co Child's Consumption Child's Consumption (a) (b)5. Now assume a new government policy places a tax of (Co - C,) on the child in panel (b), transferring the proceeds to his parent. This transfer of income puts the child in panel (b) on indifference curve [Your answer here should be either Uo or U1, but not both.]