Please please answer demand in the economy would?

Cause demand for oil to drop

Reduce unemployment

Increase homelessness

Cause people to put off retirement

It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice and versa .Demand is the quantity of consumers who are willing and able to buy products at various prices during a given period of time. Demand for any commodity implies the consumers' desire to acquire the good, the willingness and ability to pay for it.

MAY BE THIS ANSWER WILL BE HELPFUL FOR YOU

answer; basic psychology;

answer; being clearly political;