For most of u.s. modern economic history, when the unemployment rate is _, real gdp is _.

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced by countries in a given time period.
Because of its complexity and subjectivity, this measure is frequently revised before being considered a reliable indicator.
GDP (nominal) per capita, on the other hand, does not account for differences in the cost of living and inflation rates among countries; thus, using GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards among nations, whereas nominal GDP is more useful when comparing national economies on the international market.
For the vast majority of modern economic history in the United States, when the unemployment rate falls, real GDP rises.

Therefore, for most of U.S. modern economic history, when the unemployment rate is (C) falling, the real GDP is rising.

Know more about GDP here:

https://brainly.com/question/1383956

#SPJ4

The correct question is given below:
For most of U.S. modern economic history, when the unemployment rate is _____, the real GDP is _____.

A. rising; unchanged

B. falling; falling

C. falling; rising

D. rising; rising

For most of u.s. modern economic history, when the unemployment rate is _____, real gdp is _____.