Just like mass, energy, linear momentum, and electric charge, angular momentum is also conserved.
The wheel has angular momentum. I don't remember whether it's
up or down (right-hand or left-hand rule), but it's consistent with
counterclockwise rotation as viewed from above.
When you grab the wheel and stop it from spinning (relative to you),
that angular momentum has to go somewhere.
As I see it, the angular momentum transfers through you as a temporary
axis of rotation, and eventually to the merry-go-round. Finally, all the mass
of (merry-go-round) + (you) + (wheel) is rotating around the big common
axis, counterclockwise as viewed from above, and with the magnitude
that was originally all concentrated in the wheel.
I would say D) two high tides and two low tides each day
Einstein's energy mass equivalence relation say that if the whole given mass is converted to energy then it would be

where
m = mass in kg
c = speed of light in m/s
this is the origination of quantum physics and by this formula we can relate the dual nature of light and particle
So correct relation above will be

The part that moves are called anti-nodes. The stationary pars are nodes