minerals falls back to normal levels. Assume that the Australian macro-economy begins in equilibrium for both the short-run and long-run. a. Use the AE-45 degree line graph and the AE equation to depict the way the Australian economy moves out of equilibrium as a result of the China boom. Then depict equilibrium being naturally restored after that boom ends. Briefly explain the economic intuition behind your answer. (4 MARKS) (Maximum length: one page) b. Use the AD-AS graph to depict the way the Australian economy moves out of equilibrium and back into equilibrium as a result of the sudden China boom. Then depict equilibrium being naturally restored after that boom ends. Briefly explain the economic intuition behind your answer. (4 MARKS)