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.
Are you buying something from Saint Kitts and Nevis? Do you need to know what kind of money they use to pay for products and services in Saint Kitts and Nevis? In other words, what currency do they use in Saint Kitts and Nevis? We have the answer for you right here! The currency they use in Saint Kitts and Nevis is the East Caribbean dollar. The standard three letter code for East Caribbean dollar that you often see when using a currency exchange calculator to convert currency to and from East Caribbean dollar is XCD.