The change of Consume will cause Consume to move positively, the third stage is negative, and then return to positive, then the fluctuation is smaller and weaker, the pulse response of Consume to KD is positive, the second stage is the largest, the next stage is negative, then there are two small fluctuations, and the fifth stage gradually weakens and tends to 0. ED caused the positive movement of Consume, the first five periods hovered between the positive and negative values, from the fifth stage, the intensity became weaker and weaker, slowly tended to 0. 5%. It shows that the increase of labor price twist by one unit will have a negative impact on residentsundefined consumer demand, which will lead to the rise of insufficient consumer demand and have an impact on the demand structure. Similarly, distortions in capital and energy prices can lead to insufficient consumer demand. Hypothesis 1 is proved.