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A wire in the shape of an "M" lies in the plane of the paper.It carries a current of 2.0 A,flowing from points A to E,as shown in the figure.It is placed in a uniform magnetic field of 0.75 T in the same plane,directed as shown on the right side of the figure.The figure indicates the dimensions of the wire.What are the magnitude and direction of the force acting on
(a)section AB of this wire?
(b)section BC of this wire?
(c)section CD of this wire?
(d)section DE of this wire?
(e)the entire wire?
Excess Reserves
Excess reserves refer to the capital reserves held by a bank or financial institution in excess of what is required by regulations, guidelines, or central bank requirements.
Individual Bank
A financial institution that deals with consumers and businesses to offer deposit, loan, and investment services on an individual basis.
Discount Rate
The cost in interest that commercial banks and similar storage institutions incur on borrowing from their regional Federal Reserve Bank’s loaning service.
Federal Reserve District Banks
The 12 banks that make up the Federal Reserve System, serving as the central banking system of the United States, each serving a specific geographic district.
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