Entrapment

Will Mice Chew on Tar Edging?

I asked a similar question and found a useful response from Chris Williams at Colonial Pest Control Inc.

Best part:

In his defense, the mouse could have just been passing through, enticed by your baited trap.

The pest control guy, speaking up in defense of mice. I love it!

Or is it a Khan job?

Khan:

Mathematically, a price index is a two-digit decimal number like 1.00 or 0.85 or 1.25. But—because some people have trouble working with decimals—the price index has traditionally been multiplied by 100 to get integer numbers like 100, 85, or 125 when it's published. This means that when we deflate nominal figures to get real figures—by dividing the nominal by the price index—we also need to remember to divide the published price index by 100 to make the math work.

I had a little trouble with the "two-digit decimal number" thing. Their numbers have two decimal digits, or two decimal places, yeah. But none of those numbers has two digits, and they are definitely not "two-digit" numbers. But all of that was forgiven when I got to the second sentence:

But—because some people have trouble working with decimals—the price index has traditionally been multiplied by 100 ...

I love the explanation.

Who works with price indexes? Economists, that's who. Is Khan saying economists have trouble working with decimals?