__________ is the sum of all goods and services produced within a country for a given year.

Group of answer choices

Gross Domestic Product

Business Cycle

National Income Accounting

Expansion

Gross Domestic Product

The correct answer is Gross Domestic Product (GDP).

To find the answer to this question, you can use your knowledge of basic economics concepts or refer to a reliable source such as a textbook or an online search engine.

Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced within a country's borders during a specific time period, typically a year. It is often used as an indicator of a country's economic performance and is calculated by summing up the value of all final goods and services produced within the country.

Note: Business Cycle refers to the repetitive fluctuations in economic activity, National Income Accounting is a method for measuring the overall economic activity of a country, and Expansion refers to a phase of the business cycle characterized by increasing economic activity. While these concepts are related to GDP, they are not the exact definition.