When Using Fleming's Generator Rule, the Forefinger Points in the Direction

question 14

Multiple Choice

When using Fleming's generator rule, the forefinger points in the direction of the ____.

• A) current induced into the armature
• B) thrust
• C) field flux

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Definitions:

Reserve Ratio

The portion of depositors' balances that banks must have on hand as cash, as required by central banking regulations.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from the central bank or Federal Reserve.

Depository Institutions Deregulation

This involves removing or loosening government restrictions on banks and other financial institutions to allow for greater efficiency and competition.

Monetary Control Act

A United States federal law enacted in 1980 aimed at improving the Federal Reserve's control over the monetary supply and interest rates.