This is a noob question, but I can't quite get my head around this. Suppose I have a set $A = \{\{a, b\}, x, y\}$, how would you go about getting the power set $P(A)$?
Do you go into subset $\{a, b\}$ recursively, or do you treat $\{a, b\}$ as a single element of set $A$?
In other words: would
$P(A)$ = $\{\emptyset, \{\{a,b\}\}, \{x\}, \{y\}, \{\{a,b\},x\}, \{x,y\}, \{\{a,b\},y\}, \{\{a,b\},x,y\}\}$
be correct?