During a depression or recession, which of the following is most likely to happen to interest rates? a. the federal reserve board will likely lower interest rates. b. the federal reserve board will likely raise interest rates. c. interest rates will likely decrease decrease as the federal reserve board increases inflation rates. d. interest rates will likely rise as the federal reserve board decreases inflation rates.

Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?