When the oil-producing countries of the Middle East meet to set prices and output levels, this is an example of

Average product of labor is equal to ________

A) total product multiplied by the quantity of labor employed. B) the total product produced C) the quantity of labor employed divided by total product D) total product divided by the quantity of labor employed

The Federal Reserve System performs many functions but its most important one is:

A. Issuing currency B. Controlling the money supply C. Providing for check clearing and collection D. Acting as fiscal agent for the U.S. government