In the past year, which of the following is true about remittances?(1 point)

Responses

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 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 increased in 2021 due to digitally based systems.

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
6 days ago

In the past year, the following statement is true about remittances:

**Remittances increased in 2021 due to digitally based systems.**

Throughout 2021, there was a notable trend towards the use of digital platforms for sending money, which facilitated remittances even amid challenges related to traditional cash systems.