Open Faraday's Electromagnet Lab. Links to an external site. Investigate using the window called Pickup Coil. See if you can discover more things that effect induction and add them to your list. Moving the loop to have the magnet inside: When we move a loop of wire into a magnetic field, the changing magnetic field within the loop induces an electric current. This is due to Faraday's Law of Electromagnetic Induction, which states that the induced electromotive force (EMF) in any closed circuit is equal to the rate of change of to the rate of change of the magnetic flux through the circuit. is my answer good