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Which of the following bonds undergoes stretching at the highest frequency?
Tax Burden
The total amount of taxes that individuals, businesses, or other entities are required to pay, often expressed as a percentage of income or GDP.
Direct Taxes
Taxes that are paid directly to the government by the taxpayer, such as income tax and property tax.
GDP
Gross Domestic Product, a monetary measure of the market value of all final goods and services produced in a country during a specific time period, used as an indicator of economic health.
Average Tax Rate
The fraction of total income that is paid in taxes, calculated by dividing the total tax paid by the total income.
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