Consider that the Australian economy is initially at a long run equilibrium. Then, China one of Australia's major trading partners experiences strong GDP growth and increase their demand for Australia's exports. What will happen in the short run? a. There will be a contractionary output gap and inflation will be unchanged. b. There will be a contractionary output gap and inflation will fall. c. Nothing will happen in the short run. d. There will be an expansionary output gap and inflation will be unchanged. e. There will be an expansionary output gap and inflation will rise