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.
2016-05-24T04:52:42-04:00. The currency used in some countries of Central Africa is similar to that of A. France. This currency is the Central African CFA Franc wherein CFA stands for CoopÃ©ration financiÃ¨re en Afrique centrale.