Adult System of Care. The Adult System of Care provides outpatient treatment for adults from the age of 18 years with serious and persistent mental illness and/or substance use disorders. Services are provided at various locations throughout Stanislaus County and are referred to as Regional Teams.
Explain what is meant by interest elasticity. Interest elasticity of supply represents a change in the quantity of loanable funds supplied in response to a change in interest rates. Interest elasticity of demand represents a change in the quantity of loanable funds demanded in response to a change in interest rates.
A. Inflation is the rate of increase in the general price level, so a 10% inflation rate means prices overall are 10% higher than a year ago. Interest rates are the cost of borrowing, or the price of money. A 10% interest rate is the return a saver will get, or the amount a borrwer will have to pay, over a year. There are many ways of thinking about the link between interest rates and inflation. The easiest is the one used by the Bank of England.