What is another name for the Genuine Progress Indicator?

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It is also referred to as the Index of Sustainable Economic Welfare per personIt equals GDP combined with costs from resource depletion and environmental damageIt is calculated by dividing environmental and resource depletion costs by GDP per capitaIt showed an upward trend between 1976 and 2000

Explanation

The Genuine Progress Indicator is commonly known as the Index of Sustainable Economic Welfare per capita, reflecting a broader measure of economic well-being than GDP alone.