Suppose that Lorenzo prefers current consumption to future consumption. Thus, Lorenzo is said to have time preference. Consider a country where life expectancy is 95 years. Two citizens, Lorenzo, 89 years old, and Neha, 44 years old, are relatively healthy for their ages. Assuming that Lorenzo and Neha maximize their life-time consumption, which of the following statements is most plausible, all else equal? Lorenzo and Neha have very similar time preferences. Lorenzo has a much lower time preference than Neha has. Lorenzo prefers current consumption to future consumption to a greater degree than Neha does. Lorenzo and Neha are indifferent between saving for the future and current consumption