Final answer:
As the north pole of a magnet moves closer to an aluminum loop, a counterclockwise current is induced when viewed from above, according to Lenz's law.
Step-by-step explanation:
When a bar magnet with the north pole pointing down is moved closer to a circular aluminum loop that lies flat on a horizontal surface, an induced current is generated in the loop. According to Lenz's law, the direction of the induced current in the loop will be such that it creates a magnetic field to oppose the change in flux caused by the approaching magnet. Hence, when viewed from above, as the north pole of the magnet moves closer to the loop, a counterclockwise current is induced in the loop to oppose the increasing magnetic flux entering the loop.