15.2 Real-Business-Cycle Theory's Explanation to Important Economic Variables .fo.c: u(C1)=B·E{u'(Ct)[f(K)+(1-o) & TVC limelBTu' (ChiK+=0 友学经济学院15.2 Real-Business-Cycle Theory’s Explanation to Important Economic Variables ❖ F.O.C： ❖ TVC： u'(C ) E {u'(C ) [f'(K ) (1 )]} t =   t t+1  t+1 + − limE [ u'(Ct i )Kt i 1 ] 0 t i t i + + + = + → 