Definition of NOVA. : a star that suddenly increases its light output tremendously and then fades away to its former obscurity in a few months or years.â noÂ·vaÂ·like \-vÉ-ËlÄ«k\ adjective.ADVERTISEMENT. a star that suddenly increases its light output tremendously and then fades away to its former obscurity in a few months or years.
The tutorial All About Inflation has the answers. Deflation Deflation is a general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can also be caused by a decrease in government, personal or investment spending.
Thus inflation is caused by the amount of dollars rising relative to the amount of oranges (goods and services), and deflation is caused by the amount of dollars falling relative to the amount of oranges. The supply of money goes up. The supply of other goods goes down.