An Increase in the Real GDP Can Cause Inflation

question 5

True/False

An increase in the real GDP can cause inflation.

---

Definitions:

Government's Permission

Authorization from a governmental authority for an individual or entity to perform certain actions or operations.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has rights and liabilities independent of them and can enter into contracts, sue, and be sued.

Intrastate Business

Business activities that are conducted within the same state and are not involved in trade or commerce across state borders.

Foreign Business

A company that operates in a country different from the one where it was established, often involving international transactions or expansions.