The Following Unbalanced Equation Describes the Production of Metallic Iron $\rarr$

The following unbalanced equation describes the production of metallic iron: Fe₂O₃ + C $\rarr$ Fe + CO₂ Which is true?Hint: Remember the reducing agent is oxidized and the oxidizing agent is reduced.

A) Fe₂O₃ is the reducing agent, since it is reduced, while C is the oxidizing agent, since it oxidizes Fe₂O₃.
B) Fe₂O₃ is the reducing agent, while Fe is the oxidizing agent, as it oxidizes C to CO₂.
C) Fe is the reducing agent, since it reduces C, while C is the oxidizing agent.
D) Fe₂O₃ is the oxidizing agent, while C is the reducing agent, since it reduces Fe₂O₃.
E) Fe₂O₃ is the reducing agent, while CO₂ is the oxidizing agent.