Question 8: To confirm this, show that S(p(t)ly()) = /(pot)ly(t), y(t-1) = My() [p()/(p(t)ly*-1) My() ly(t-1)) You need to detail your reasoning to obtain this equation. Note that the denominator un the right-hand side of Eq. (7) does not depend on p(), i.e. /(p(@)ly(*)) is proportional to My() [p())/(p()ly*-1). (1 Mark)