Answer
True
Work Step by Step
Since, $D^2y-y=0 $
Plug $y=e^{rx} $
So, $(r^2-1)e^{rx}=0$
This implies that $r^2-1=0 \implies r=\pm 1$ and $y=c_1e^x+c_2e^{-x}$
So, basis of $ker(L)={e^x, e^{-x}}$
Therefore, the given statement is True.