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The Costs of Corrections and Prisons Have Declined in Recent

question 92

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The costs of corrections and prisons have declined in recent years due to the introduction of new policies and programs, such as offering "good-time" credits to low-risk offenders and making use of privately run prison facilities.


Definitions:

Beta

An indication of how much a stock's price fluctuates compared to the broader market.

Portfolio Returns

The overall gains or losses generated by a portfolio of investments over a specific period, assessing the effectiveness of investment choices.

Systematic Risk

Refers to the risk inherent to the entire market or market segment, which cannot be mitigated through diversification.

Diversification

The process of allocating investments across various financial assets to reduce the risk exposure of a portfolio.

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