A loop of wire is dropped and allowed to fall between the poles of a horseshoe magnet,

Question:

A loop of wire is dropped and allowed to fall between the poles of a horseshoe magnet, as shown in FIGURE 23-38. State whether the induced current in the loop is clockwise or counterclockwise when (a) the loop is above the magnet and (b) the loop is below the magnet.
Figure 23-38