What Creates Magnetic Fields

question 70

Multiple Choice

What creates magnetic fields?

• A)moving charges
• B)changing electric fields
• C)Both A and B are correct.
• D)None are correct.

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Definitions:

Gift Tax

A levy imposed on the act of transferring property from one person to another without receiving full value or any compensation in return.

Purchase Price

The amount of money paid to buy a good, service, or asset; fundamental in calculating the basis for investment or tax purposes.

Capital Loss Deduction

A tax deduction that allows individuals to offset their capital gains with any losses they incurred on investments in a given tax year.

Carryover

Unused tax credits or deductions that can be applied to future tax years to reduce tax liability.