c
\(\underset{\begin{smallmatrix}
More\, \\
resonating
\\
structure
\end{smallmatrix}}{\mathop{\underset{\downarrow }{\mathop{II}}\,}}\,>\underset{resonance}{\mathop{\underset{\downarrow }{\mathop{III}}\,}}\,>\underset{no\,resonance}{\mathop{\underset{\downarrow }{\mathop{I}}\,}}\,>\underset{\begin{smallmatrix}
anti-aromatic \\
carbocation
\end{smallmatrix}}{\mathop{\underset{\downarrow }{\mathop{IV}}\,}}\,\)