An Increase in the Price of Petroleum in the International

question 88

True/False

An increase in the price of petroleum in the international market is an example of global inflation.

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Definitions:

Bootstrapping

A self-funding approach wherein an entrepreneur starts a company with personal finances or the revenue generated by the business, rather than external investment.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise in the hope of making a profit.

Angel Investors

Wealthy individuals who provide capital for start-ups or small businesses in exchange for ownership equity or convertible debt.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise with the goal of making a profit.