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Math Help - Some simplifying help.

  1. #1
    Member
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    Jul 2009
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    Some simplifying help.

    Are you able to help me to simplify this?

     \Pi_t = 0.5 \Pi_t + 0.5 \Pi_{t-1} - 1.5(u_t-u_n)

    Im finding it quite difficult, what i have so far is this.

     0.5\Pi_t=0.5\Pi_{t-1}-1.5(u_t-u_n)

    Im not sure if thats right. I need it in terms of  \Pi_t
    Preferably in a full unit of it.

    Thanks.
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  2. #2
    MHF Contributor
    Joined
    Mar 2007
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    1,240

    Talking

    Quote Originally Posted by el123 View Post
    Are you able to help me to simplify this?

     \Pi_t = 0.5 \Pi_t + 0.5 \Pi_{t-1} - 1.5(u_t-u_n)

    ...I need it in terms of  \Pi_t Preferably in a full unit of it.
    What information do you have for \Pi_t, \Pi_{t-1}, u_t, and u_n? What is meant by "a full unit of" \Pi_t?

    Thank you!
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