Final answer:
The question addresses the societal effects of rising unemployment, highlighting how it can discourage investment and create job scarcity. The discussion also touches on the complex relationship between unemployment and inflation, and differentiates between cyclical unemployment and the natural rate of unemployment.
Step-by-step explanation:
A rising unemployment rate affects a society primarily by making it harder for citizens to find jobs (A), but it can have other wider economic impacts as well. One of the key concerns is discouraging businesses from investing (C), due to the decreased demand for goods and services and increased uncertainty about future economic conditions. Both the natural rate of unemployment and cyclical unemployment can be influenced by a range of factors including business confidence, stock market performance, oil prices, and governmental fiscal and monetary policies. While rising unemployment can have a complex relationship with inflation, causing inflation to rise rapidly (D) is not a direct effect of rising unemployment. In fact, high unemployment can sometimes lead to decreased spending power and demand, which may put downward pressure on prices. Addressing cyclical unemployment may involve expansionary policies, while addressing the natural rate of unemployment may require more structural changes in laws affecting employment and hiring.