As an example, he surveyed French people about what percent…

As an example, he surveyed French people about what percent of the population is made up of immigrants. Responses showed that the French drastically underestimated the portion of the population that were immigrants…thought there was about 7% when it was really more like 17%. 

Sam is willing to pay $34 for a pair of blue jeans. Steve is…

Sam is willing to pay $34 for a pair of blue jeans. Steve is willing to pay $36. Frank is willing to pay $44. Kevin is willing to pay $29. The price that these jeans are exchange in the marketplace for is $28. If Kevin purchases the blue jeans, his consumer surplus is $____ (enter number only). 

Suppose that the USA had an inflation rate of 2% and Mexico…

Suppose that the USA had an inflation rate of 2% and Mexico had an inflation rate of 3% for this year. Also, assume that the market exchange rate between the two currencies is 19 Pesos=1 USD. What is the RELATIVE PPP exchange rate at the end of this year? –THINK ABOUT WHICH COUNTRY NEEDS TO GO ON TOP!! **You will need your answer for the next question too.