If we have a geometric sequence we have $a_1, a_1*r, a_2*r$
So $b=a_1*r$ and $c=a_2*r$
The square has area $b^2$ which is $(a_1*r)^2$ and the rectangle has area $ac = a_1*a_2*r$
I don't know which one is bigger or if this was even a correct way of interpreting the problem. Can someone please help.

$a$, $b$ and $c$ is in a geometric sequence.
$\dfrac{b}{a}=\dfrac{c}{b}$
So, $ac=b^2$.