The accompanying figure shows the annual rate of growth in employment for the United Kingdom and Japan from 1991 to XXXXXXXXXXThe annual growth rate is the percent change in each year’s employment...

in employment for the United Kingdom and Japan from

1991 to 2010. (The annual growth rate is the percent

change in each year’s employment over the previous year.)

Comment on the business cycles of these two economies.

Are their business cycles similar or dissimilar?