The constraint or budget line, in the diagram below, represents the possible levels of consumption in the two periods given the individual's level of present income, future expected income and the prevailing interest rate 'r'.
Wasp, common name applied to most species of hymenopteran insects, except bees and ants. Insects known as wasps include the sawflies, the parasitic wasps, and the stinging wasps, which are the best known. About 75,000 species of wasps are known, most of them parasitic. Characteristics.
Is a worm classified as an insect? A: A worm is not classified as an insect because it does not contain the characteristics defined by the scientific classification system for insects. Worms are tubular and do not contain legs or properly segmented bodies, two characteristics needed for an insect classification. Continue Reading.