A circular loop of wire rests on a table where there is a uniform magnetic eld directed straight down into the table. The magnetic eld has a strength of 0.10 Tesla and the loop initially has a radius of 3.00 centimeters. Over a timescale of a hundredth of second, you rapidly pull the free ends of the wire loop so that the loop shrinks down to just be a knot in the wire. What is the direction of the EMF induced in the loop? What is the magnitude of the average induced EMF