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.
Elasticity refers to the degree of responsiveness in supply or demand in relation to changes in price. If a curve is more elastic, then small changes in price will cause large changes in quantity consumed. If a curve is less elastic, then it will take large changes in price to effect a change in quantity consumed. Graphically, elasticity can be represented by the appearance of the supply or demand curve.