A conducting wire frame is placed in a magnetic field which is directed into the paper. The magnetic field is increasing at a constant rate. The direction of induced current in wires AB and CD are:

A) Both AB and CD have induced currents in the same direction.
B) AB has an induced current in the clockwise direction, and CD has an induced current in the counterclockwise direction.
C) AB has an induced current in the counterclockwise direction, and CD has an induced current in the clockwise direction.
D) Both AB and CD have no induced currents.