How would you calculate an urban cpi or a rural cpi


Problem

An increase in the consumer price index will often affect different groups in different ways. Think about how different groups will purchase items such as housing, travel, or education in the CPI basket, and explain why they will be affected differently by increases in components of the CPI. How would you calculate an "urban CPI" or a "rural CPI"?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How would you calculate an urban cpi or a rural cpi
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