In the past year, which of the following is true about remittances?(1 point)
Responses
Remittances increased in 2021 due to digitally based systems.
Remittances increased in 2021 due to digitally based systems.
Remittances increased in 2021 because costs increased.
Remittances increased in 2021 because costs increased.
Remittances decreased due to the switch away from a cash system.
Remittances decreased due to the switch away from a cash system.
Remittances in 2021 decreased as migration decreased
Remittances increased in 2021 due to digitally based systems.
In the past year, the statement "Remittances increased in 2021 due to digitally based systems" is true.
To find the correct answer, we need to analyze the given options.
Option 1: "Remittances increased in 2021 due to digitally based systems."
This option suggests that remittances increased in 2021 because of the utilization of digitally based systems.
Option 2: "Remittances increased in 2021 due to digitally based systems."
This option is the same as the previous one and repeats the information.
Option 3: "Remittances increased in 2021 because costs increased."
This option states that remittances increased in 2021 due to an increase in costs.
Option 4: "Remittances decreased due to the switch away from a cash system."
This option suggests that remittances decreased because there was a switch away from a cash system.
Option 5: "Remittances in 2021 decreased as migration decreased."
This option implies that remittances in 2021 decreased due to a decrease in migration.
To answer the question correctly, we need to choose the option that accurately reflects the true statement about remittances in the past year. Based on the given options, it appears that the most accurate answer is Option 5: "Remittances in 2021 decreased as migration decreased." This option suggests that the decrease in remittances is connected to the decrease in migration.