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.
Interest rates are the cost of borrowing money. Interest rates are normally expressed as a % of the total borrowed, e.g for a 30 year mortgage, a bank may charge 5% interest per year. Interest rates also show the return received on saving money in bank or from an asset like government bond.