For example, a price elasticity of alcohol demand of -0.5 means that a 1-percent increase in price would reduce alcohol consumption by 0.5 percent (or a 10-percent increase in price would reduce consumption by 5 percent).
The Local Currency. The Seychelles Rupee (Rs) is the official currency of the Seychelles. One Rupee = 100 cents. The currency is divided into both paper and coin form. Currency is minted in the following denominations.
Â· just now. Report Abuse. Yes you can use American dollars in Jamaica, it is best that you exchange some of your money in Jamaican dollars, you can do this at any commercial bank in Jamaica their are lots of foreign exchange offices around Montego Bay and all over Jamaica which are legal. boy_jam_arch Â· 8 years ago. Thumbs up.