I have used the following codes to generate two equations. However, the second equation overlaps with the equation index. Can someone please help me look it pretty by breaking the 2nd equation into two lines? By the way, I also read on stackexchange to avoid eqnarray and instead use "array". Could you help me with that too? Apparently, using these codes within array resulted in error.
\begin{eqnarray}
\lambda_{R,t} &=& \dfrac{(C_{R,t}-\phi_c C_{R,t-1})^{-\sigma}}
{P_t(1+\tau_t^c)} - \phi_c \beta \dfrac{(E_t C_{R,t+1}-\phi_c C_{R,t})^{-
\sigma}}{P_t(1+\tau_t^c)} \\
Q_t &=& \beta E_t{(1-\delta)Q_{t+1} + \lambda_{R,t+1}R_{t+1}U_{t+1}(1-
\tau^k_{t+1})} - \lambda_{R,t+1}P_{t+1} \left[\Psi_1(U_t-1) + \dfrac{\Psi_2}
{2}(U_t-1)^2 \right]
\end{eqnarray}


