A loop of conducting wire with radius $r$ is in a plane that is perpendicular to a spatially constant magnetic field. As shown in the accompanying figure, the magnetic field is pointed into the plane that contains the loop. There is a resistor $R$ placed between points $a$ and $b$,. The magnetic field is changing in time according to:

$$B(t)=B_o sin(wt)$$

What is the expression for the current $I(t) $ induced in the conducting loop? [Assume the points $a$ and $b$ are very close to one another]