Farady Law Question: T=T/2 Current?

[CH1991]

Homework Statement

Please check picture below.
http://i.imgur.com/OrqKc.png

Homework Equations

The Attempt at a Solution

If T=T/2, shouldn't my current become half?

 

[technician]

An emf will be induced in the coil given by Faraday's law
emf = rate of change of magnetic flux linkage
This will give rise to an induced current since there is a closed loop

 

[CH1991]

Thank you!