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One of the problems associated with deinstitutionalization is related to the fact that the majority of hospital admissions involve people who have previously been hospitalized. This is called:
Secured Bonds
Bonds that are backed by specific collateral that must be forfeited in the event that the issuing firm defaults.
Junk Bonds
High-yield, high-risk securities issued by corporations or municipalities considered to be at greater risk of default.
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