content area Part 1 The formula for the simple deposit multiplier is Part 2 A. Simple Deposit Multiplier equals StartFraction 1 Over RR EndFractionSimple Deposit Multiplier= 1 RR. B. Simple Deposit Multiplier equals StartFraction 1 Over 1 minus RR EndFractionSimple Deposit Multiplier= 1 1RR. C. Simple Deposit Multiplier equals StartFraction left parenthesis 1 minus RR right parenthesis Over RR EndFractionSimple Deposit Multiplier= (1RR) RR. D. Simple Deposit Multiplier equals StartFraction negative RR Over 1 minus RR EndFractionSimple Deposit Multiplier= RR 1RR. Part 3 If the required reserve ratio is 0.150.15, the maximum increase in checking account deposits that will result from an increase in bank reserves of $20 comma 00020,000 is $enter your response here. (Enter your response as an integer.)