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.
The family Formicidae belongs to the order Hymenoptera, which also includes sawflies, bees, and wasps. Ants evolved from a lineage within the aculeate wasps, and a 2013 study suggests that they are a sister group of the Apoidea.