Which of the following assumptions indicates that there is no trade-off between inflation and unemployment?

Insurance creates an incentive for people to consume more health care, and this helps to reduce the moral hazard problem

Indicate whether the statement is true or false

The global financial crisis of 2007-2008 resulted in a(n) ________ of the Swiss franc. In 2011, the Swiss central bank intervened in order to cause a(n) ________ of the franc

A) appreciation; appreciation B) depreciation; depreciation C) appreciation; revaluation D) depreciation; appreciation E) appreciation; depreciation