Classify the following expenditures as intermediate consumption expenditure and final consumption expenditure.
(i) Expenditure on research and development by Tata.
(ii) Insurance premium paid by a firm to an insurance company.
(iii) Insurance premium paid by households to an insurance company.
(iv) Expenditure on repairs and maintenance of plant and machinery.
(v) Expenditure incurred by a firm on purchase of equipments.
(vi) Advertising expenditure incurred by Airtel on promotion of its products.
(vii) Business expenses of the employees on tour and entertainment.

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Intermediate Consumption Expenditure : (i), (ii), (iv), (vi), (vii), Final Consumption Expenditure : (iii), (v).

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