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Why do longer term bonds have greater interest rate risk?
Economic Concept
A theoretical construct that explains various aspects of the economy, including transactions, decision-making processes, and the behavior of markets.
Rural Communities
Areas that are located outside towns and cities, often characterized by low population density and agricultural-based economies.
Urban Areas
Densely populated regions characterized by high human settlement and infrastructure of built environment.
Individual Choice
The decision by an individual of what to do, which necessarily involves a decision of what not to do.
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