Final answer:
The correct statement is B) An electric current in the wire will induce a magnetic field in the loop.
Step-by-step explanation:
The correct statement is B) An electric current in the wire will induce a magnetic field in the loop.
This is because when an electric current flows through a wire, it creates a magnetic field around the wire. This magnetic field can then induce a current in a nearby conductor, such as a loop, through electromagnetic induction.
This phenomenon is described by Faraday's law of electromagnetic induction, which states that a change in magnetic field through a conductor will induce an electromotive force (emf) and hence a current.
Learn more about Electromagnetic Induction