32. Interest paid on a principal amount and interest previously earned is A. a mortgage. B. compound interest. C. simple interest. ____ 33. What is the largest source of income for banks? A. payments from the government B. fees charged for using debit cards C. interest charged on loans ____ 34. Which type of unemployment occurs when workers' skills do not meet employers' needs? A. cyclical unemployment B. structural unemployment C. frictional unemployment ____ 35. In a general partnership, A. all partners always have limited liability. B. only one partner must have limited liability. C. all partners share equally in liability. ____ 36. Subprime mortgages and foreclosures on home loans A. triggered the recession of 2008. B. resulted from bailout and stimulus spending by Presidents Bush and Obama. C. put the United States back on the gold standard in 2009. ____ 37. The legal obligation to pay debts is A. a business license. B. liability. C. a zoning law. ____ 38. A strike occurs when labor leaders meet with management to negotiate a contract. A. true B. false