Final answer:
The market value of all final goods and services produced within a nation in a given year is called the Gross Domestic Product (GDP).
Step-by-step explanation:
The market value of all final goods and services produced within a nation in a given year is called the Gross Domestic Product (GDP). GDP is a measure of a country's economic activity and is often used to compare the economic performance of different nations.
It includes the value of all goods and services produced by businesses, government, and individuals within the country's borders. For example, the GDP of a country would include the value of cars, food, clothing, housing, and other goods and services produced in that country during a specific time period.