A friend asked me this question the other day, and I thought I would take this opportunity to flesh out what I think the answer is.
The standard answer is that a “literal” Bible is the most accurate, and by “literal” they generally mean word-for-word. If the Greek has a verb, the English should have a verb. If the text uses the same Greek three times, the same English word should be used three times.
This understanding is seriously flawed at two levels.
First, the English word “literal” has to do with meaning, not form. Webster gives these three definitions of “literal.”