In the past year, which of the following is true about remittances?(1 point)
Responses
Remittances increased in 2021 because costs increased.
Remittances increased in 2021 because costs increased.
Remittances in 2021 decreased as migration decreased.
Remittances in 2021 decreased as migration decreased.
Remittances decreased due to the switch away from a cash system.
Remittances decreased due to the switch away from a cash system.
Remittances increased in 2021 due to digitally based systems.
Remittances increased in 2021 due to digitally based systems.
Remittances increased in 2021 due to digitally based systems.
The correct answer is: Remittances increased in 2021 due to digitally based systems.
To determine which of the given statements is true about remittances in the past year, you would typically rely on sources such as economic reports, research articles, or news updates from reliable sources. These sources typically analyze and provide information on trends and factors affecting remittances.
One possible way to find information on remittances in the past year would be to search for recent economic reports or studies conducted by reputable organizations or institutions. These reports often provide insights into global or regional remittance trends and factors that influence them.
Another option is to search for news articles or updates from reputable news sources. Financial or economic sections of news websites or business-oriented publications often cover remittance trends and developments. Searching keywords such as "remittances," "2021," "trends," or "migration" can help find relevant articles.
By consulting multiple reliable sources, one can determine the accuracy of each statement and identify the true statement about remittances in the past year.