An inductor-resistor (LR) circuit is an electrical circuit that consists of an inductor and a resistor connected in series or parallel. The behavior of this circuit is primarily determined by the interaction between the inductance, which stores energy in a magnetic field, and the resistance, which dissipates energy as heat. The transient response of an LR circuit showcases how current and voltage change over time when a voltage source is applied or removed, highlighting key characteristics of inductors and resistors.