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Demand Curve: Slopes downward due to negative impacts of Wildfire Expenses, Uninsurable Losses, and Potential Future Expenses. Positively influenced by Population Growth. Supply Curve: Slopes

Demand Curve: Slopes downward due to negative impacts of Wildfire Expenses, Uninsurable Losses, and Potential Future Expenses. Positively influenced by Population Growth. Supply Curve: Slopes upward due to positive impacts of Income Taxes, Non-Renewable Resource Revenue, and the Contingency Fund. Equilibrium Point: The point where the Demand and Supply curves intersect represents the equilibrium in the Alberta government's fiscal outlook. Key Takeaways: Population Growth boosts demand. Income Taxes, Non-Renewable Resource Revenue, and the Contingency Fund support supply. Wildfire Expenses, Uninsurable Losses, and Potential Future Expenses have negative impacts on both supply and demand. Thus, The specific shapes and positions of the curves will depend on the assigned values for each economic factor. Adjusting these values will influence the overall dynamics of the fiscal outlook

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