Answer
$\mathscr{E} = 0$
Work Step by Step
$B = (4.00\times 10^{-2}~T/m)~y~\hat{k}$
Note that the magnetic field does not change over time.
Thus the magnetic flux through the loop does not change over time.
Therefore, there is no induced emf in the loop.
$\mathscr{E} = 0$
