A rectangular conducting loop of wire is moving with a constant velocity \(v\) to the right. It is currently entering a region of space containing a uniform magnetic field \(\vec{B}\) that is directed into the page, as shown in the figure. Which of the following correctly describes the direction of the induced current in the loop and the physical justification while the loop is still entering the region?

Direction	Justification
(A) Counterclockwise	The magnetic flux into the page is increasing, so the induced field must be out of the page.
(B) Clockwise	The magnetic flux into the page is increasing, so the induced field must be into the page.
(C) Counterclockwise	The magnetic flux out of the page is decreasing, so the induced field must be out of the page.
(D) Zero	The velocity is constant, so there is no change in magnetic flux through the loop.