Since the COVID-19 Pandemic started in 2020, demand deposits have increased significantly - almost back to where they were in 1959! Which of the following could potentially explain this change?

(A) The stock market and other asset prices dropped dramatically so households decided to keep more of their wealth in safer assets like money

(B) Banks started paying much higher interest on checking accounts

(C)The government increased its debt and gave households a lot of extra money intending to help them survive unemployment during the Pandemic

(D) (a) and (b)

(E) (a) and (c)

(F) (b) and (c)