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6) What are the relative merits and demerits of GDP as a tool to measure the economic performance of a nation? Has it outgrown its utility? What alternatives measures can be used to measure well-being of a nation? Examine.

Topic: Economic growth and development

6) What are the relative merits and demerits of GDP as a tool to measure the economic performance of a nation? Has it outgrown its utility? What alternatives measures can be used to measure well-being of a nation? Examine.  (200 Words)

The Hindu