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Enrichment of Grains Was Started in the 1930s

question 159

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Enrichment of grains was started in the 1930s. Enrichment was expanded to include in 1998.


Definitions:

Moral-Hazard Problem

A situation in which one party engages in risky behavior knowing that it is protected against the risk because another party will incur any resulting costs.

Monitoring

The process of systematically observing, checking, and recording activities or data to ensure proper compliance or performance.

Moral Hazard Problem

The risk that one party to a transaction takes on more risk because it knows that the other party bears the consequences of those risks.

High-End

Products or services that are considered to be of the highest quality and typically sold at a premium price.

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