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Question 102 {5 Points]I The coronayirus has impacted economies across the globe. Using Australia as a case study, and assume Australia started in a long-run equilibrium, a}Use an AD-AS diagram to help explain how a demand shock caused by the yirus pandemic would affect real GDP, price level and unemployment rate in the short mn. How will the economy adjust back to the long-run equilibrium? b} Similarly, use an AD-AS diagram to help explain how a supply shock caused by the virus would affect the same indicators above. Please upload your graph [to the assignment after submitting this quiz]I depicting the AD-AS diagram Show the graphs separately for the two kinds of shock