To determine which option is most strongly supported by the information provided, let's analyze each statement in light of the information given:
A. Key Indicators of Economic Viability:1) Level and rate of growth of aggregate output
2) Unemployment rates
3) Inflation rates
B. Countries with Viable Economies and Their Populations:
1) Switzerland and Austria: about seven million each
2) Israel, Ireland, Denmark, and Finland: at least one-fourth smaller than seven million (i.e., fewer than 5.25 million)
Analysis of Each Option:(A) A nation’s economic viability is independent of the size of its population.
This statement suggests that the size of a population does not determine economic viability. While the passage indicates that small nations (like those mentioned) have viable economies, it does not definitively state that population size has no effect at all. The information implies that small populations can have viable economies, but it does not confirm that population size is entirely irrelevant.
(B) Having a population larger than seven million ensures that a nation will be economically viable.
The passage does not provide any information about nations with populations larger than seven million. Therefore, it is not supported by the provided information.
(C) Economic viability does not require a population of at least seven million.
This statement is supported by the information given. The passage mentions that nations with smaller populations (such as Israel, Ireland, Denmark, and Finland) have viable economies. Therefore, having a population of at least seven million is not a requirement for economic viability.(D) A nation’s population is the most significant contributor to the level and rate of growth of aggregate output.
The passage states that the level and rate of growth of aggregate output are the most significant indicators of economic viability, but it does not mention that population size is the most significant contributor to this growth. Hence, this option is not supported by the information provided.
(E) A nation’s population affects the level and rate of growth of aggregate output more than it affects unemployment and inflation rates.
The passage does not compare the influence of population size on aggregate output with its influence on unemployment and inflation rates. Therefore, there is no support for this statement in the given information.
Answer: C