A price ceiling is only effective if it is above the market equilibrium

Explain why after, say Norway unilaterally pegs the krone to the euro, domestic money market disturbances will no longer affect domestic output despite the continuation of float-rate regime against non-euro currencies

What will be an ideal response?

If Fred's marginal utility of pizza equals 10 and his marginal utility of salad equals 2, then

A) he would give up 5 pizzas to get the next salad. B) he would give up 5 salads to get the next pizza. C) he will eat five times as much pizza as salad. D) he will eat five times as much salad as pizza.