Which of the following would be counted as a liability on a bank's balance sheet? Choose 1 answer: Choose 1 answer: (Choice A) Excess reserves A Excess reserves (Choice B) Loans B Loans (Choice C) Required reserves held in bank vaults C Required reserves held in bank vaults (Choice D) Checking accounts D Checking accounts (Choice E) Reserves held in the central bank's vaults E Reserves held in the central bank's vaultsBanks in Westeros have been required to keep \[10\%\] of all checkable deposits on reserve, but now the central bank has changed the reserve requirement to \[20\%\]. What immediate effect does this have on banks' balance sheets? Choose 1 answer: Choose 1 answer: (Choice A) Liabilities decrease. A Liabilities decrease. (Choice B) Excess reserves increase. B Excess reserves increase. (Choice C) Required reserves decrease. C Required reserves decrease. (Choice D) Excess reserves decrease. D Excess reserves decrease. (Choice E) Liabilities increase. E Liabilities increase