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Why is it that a run on a single bank can turn into a widespread financial panic, or what the text identified as contagion?
Gross Starting Salary
The total initial salary of an employee before deductions such as taxes and social security contributions.
Private Employment Agencies
Organizations that match job seekers with potential employers, usually for a fee.
Illegal
Activities or actions that are forbidden by law and subject to legal sanctions.
Regulated
Controlled or governed by rules, laws, or standards set by authoritative bodies to ensure compliance and protection of public interests.
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