U-4,U-5 and U-6 Are

question 273

Multiple Choice

U-4,U-5 and U-6 are

• A)all broader measures of the unemployment rate.
• B)all narrower measures of the unemployment rate.
• C)not used by the Bureau of Labor Statistics because they include too much variability.
• D)narrower measures of the labor force participation rate.
• E)broader measures of the labor force participation rate.

---

Definitions:

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and statement of cash flows.

General Purpose Financial Statements

Financial reports prepared by a company to meet the information needs of external stakeholders who are not in a position to demand reports tailored to their own needs.

Parent Entity

A company that controls, directly or indirectly, one or more subsidiaries.