A Closed,circular Loop Has a Counter-Clockwise Current Flowing Through It

question 1057

Multiple Choice

A closed,circular loop has a counter-clockwise current flowing through it as viewed by a person on the right,as shown in the figure.If a second closed circular loop with the same radius approaches this loop with constant velocity along a common axis as shown,in what direction will a current flow in the approaching loop as viewed by the person on the right?

• A) clockwise
• B) counter-clockwise
• C) No current will be induced because the velocity of approach is constant.

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Definitions:

Commodity Swap

A financial agreement where two parties exchange cash flows related to a specific commodity's price.

Short-Term Price Movements

Fluctuations in the price of securities that occur within a brief period, often influenced by market sentiment and news.

Swap Contract

An agreement between two parties to exchange sequences of cash flows over a set period of time, generally used to exchange different types of interest rates or currencies.

Specified Cash Flows

Designated or particular cash movements into or out of a business or investment over a defined period.