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.
In the Bahamas the type of currency is the Bahamian dollar. It is based on the US dollar and people may use either the Bahamian Dollar or the US Dollar in the Bahamas.12 people found this useful.n the Bahamas the type of currency is the Bahamian dollar. It is based on the US dollar and people may use either the Bahamian Dollar or the US Dollar in the Bahamas. 12 people found this useful.