What are remittances?(1 point)

Question

Responses

a measure of the share of society not contributing as much economically, such as the young and old
a measure of the share of society not contributing as much economically, such as the young and old

the movement of people from one place to another
the movement of people from one place to another

the forming of a new culture from mixing meanings and practices of multiple groups
the forming of a new culture from mixing meanings and practices of multiple groups

money sent back to people in an immigrant’s home country
money sent back to people in an immigrant’s home country

Answer 1

Remittances refer to money sent back to people in an immigrant’s home country.