Question: for the following transactions determine the contribution to the current...
For the following transactions, determine the contribution to the current year's GDP. Explain the effects on the product, income, and expenditure accounts.
(please type in word format otherwise I may not recognize your handwriting )
a. The Japanese build an auto plant in Quebec for $100,000,000 using only local labour and materials.
HINT : The auto plant is a capital good produced by canadians and purchased by the japanese