Define the term 'wattles current'.

Explanation

### Step-by-Step Text Solution:

1. **Understanding the Concept of Power in AC Circuits**:
In an alternating current (AC) circuit, the average power (P) consumed can be expressed by the formula:
\[ P = I_{\text{rms}} \cdot V_{\text{rms}} \cdot \cos \phi \]
where:
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