Respuesta :
The set of actions that are most likely to result in a surplus in the federal government budget is:
II. Increase tax rates for payroll and corporate income taxes.
V. Increase tax rates for individual income and corporate income taxes.
A budget surplus can be defined as the amount of money by which income exceeds spending (expenditures).
Hence, a federal government budget surplus simply means that the federal government has extra funds to spend on public infrastructures and services.
Generally, federal government budget surplus occurs as a result of the fiscal policy introduced by the government such as:
- Increase tax rates for payroll and corporate income taxes.
- Increase tax rates for individual income and corporate income taxes.
In conclusion, an increase in tax usually result in a surplus in federal government's budget.
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Answer:
Increase tax rates for individual income and corporate income taxes. Decrease the number of employees as well as cuts in spending for social security and defense.
Explanation: