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.
Written By: Arachnid (class Arachnida), any member of the arthropod group that includes spiders, daddy longlegs, scorpions, and (in the subclass Acari) the mites and ticks, as well as lesser-known subgroups. Only a few species are of economic importanceâfor example, the mites and ticks, which transmit diseases to humans, other animals, and plants.