The rectangular loop in Fig. 21–58 is being pushed to the right, where the magnetic field points inward. In what direction is the induced current? Explain your reasoning.
Source: Giancoli, Douglas C., Physics: Principles with Applications, 7th Edition, 2014.
Induced flux decreases down. Induced current goes counterclockwise to produce a magnetic field directed up, in order to oppose and thereby decrease the flux down.