Which of the Following Is True When the Yield Curve

Which of the following is true when the yield curve is steeply rising:

A) ARM interest rates will be about the same as FRM interest rates.
B) Borrowers can "lock in" the low short-term interest rates by taking out an ARM.
C) If you borrow using an ARM, your interest rates are more likely to rise than fall in the future.
D) FRM interest rates will be lower than ARM rates, due to the Federal Reserve Board's efforts to stimulate the economy by reducing interest rates.