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Explain the Three Types of Innovation,and Give Examples of Each

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Explain the three types of innovation,and give examples of each.


Definitions:

1099 Forms

Documents used to report various types of income other than wages, salaries, and tips to the IRS.

Rental Property

Real estate property leased or rented out to tenants, often as an investment.

Tax Equation

A formula used to determine the amount of tax owed by an individual or business to the government.

Slope

Slope is a measure of the steepness or incline of a line, defined as the ratio of the vertical change to the horizontal change between two points on the line.

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