Answer
True
Work Step by Step
If $(\lambda, v)$ is an eigenvalue-eigenvector pair for $A$,
then to prove that $x(t)=e^{\lambda t}v$ is a solution to the vector differential equation, we obtain:
$\rightarrow x'(t)=e^{\lambda t}(\lambda v)=e^{\lambda t}(Av)=A(e^{\lambda t}v)=Ax(t)$
Hence, the statement is true.