Money demand behavior may

A. change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities.

B. change only as a result of demographic trends.

C. change only as a result of financial innovations such as electronic cash-transfer facilities.

D. not change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities.

E. change as a result of demographic trends but not as a result of financial innovations such as electronic cash-transfer facilities.