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Macroeconomics

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What is the Formula for the GDP Deflator?

MACRO-DQBUF5

Which of the following is the correct formula for the GDP deflator?

A

$\frac{\text{Real GDP}}{\text{Nominal GDP}}\times100$

B

$\text{Real GDP} \cdot \text{Nominal GDP}\times100$

C

$\frac{\text{Nominal GDP}}{\text{Real GDP}}\times100$

D

$\frac{\text{Real GDP - Nominal GDP}}{\text{Nominal GDP}}\times100$