-Which statement is the most accurate?
A)A nation's economic capacity expands when the size of the labor force expands.
B)Our rate of economic growth slows down if we produced too many investment goods and not enough consumer goods.
C)Our unemployment rate has never fallen below five percent.
D)We could raise our economic growth rate if Americans would invest less and spend more.

Question

-Which statement is the most accurate?
A)A nation's economic capacity expands when the size of the labor force expands. 
B)Our rate of economic growth slows down if we produced too many investment goods and not enough consumer goods. 
C)Our unemployment rate has never fallen below five percent. 
D)We could raise our economic growth rate if Americans would invest less and spend more.

Quizplus · Accepted Answer

A) This statement is accurate because an increase in the labor force typically allows for more production and services, contributing to economic expansion. The other options contain inaccuracies or oversimplifications regarding economic principles.

-Which Statement Is the Most Accurate