One Reason for Making Inconsistent Choices Over Time Is That

One reason for making inconsistent choices over time is that we tend to discount payoffs that occur in the future differently. Consider four students: Daniel, Liam, Jessie and Karishma. Each is asked what amount of money in one year's time it will take for him/her to forego $1000 today. For Daniel, this amount is $1100, for Liam and Jessie it is $1200 and for Karishma it is $1050. Which of the following rankings in terms of present bias true?

A) Karishma is more present biased than Daniel, who is more present biased than both Liam and Jessie.
B) Daniel is more present biased than both Liam and Jessie who in turn are more present biased than Karishma.
C) Liam and Jessie are more present biased than Daniel, who, in turn, is more present biased than Karishma.
D) Liam and Jessie are more present biased than Karishma, who, in turn, is more present biased than Daniel.