Explain the Concept of Cardinality.Give an Example

question 25

Essay

Explain the concept of cardinality.Give an example.

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Definitions:

Currency Component

The part of the money supply consisting solely of currency in circulation - notes and coins.

Federal Reserve Notes

Paper currency issued by the Federal Reserve, the central bank of the United States, used as legal tender.

Checkable Deposits

Bank accounts that allow the owner to write checks to third parties. Checks can be used for payments while the account earns interest.

Readily Used

implies resources or items that are easily accessible and can be immediately employed for a specific purpose or need.