Explanation:

- Option 1: M1 and M3

- M1 includes physical currency, demand deposits, and other liquid assets. It is considered narrow money because it's the most liquid form.

- M3 is broad money, which includes M1 plus less liquid assets like savings deposits, and time deposits.

- Option 2: M1 and M2

- M1 is narrow money.

- M2 includes M1 plus short-term time deposits and retail money market funds. It's broader than M1 but not as comprehensive as M3.

- Option 3: M0 and M3

- M0 is also narrow, consisting of the total currency in circulation and bank reserves.

- M3 is broad money.

- Option 4: M3 and M4

- M3 is broad money, as stated above.

- M4 includes all M3 components plus some very illiquid and long-term financial assets, making it even broader than M3 but typically not as widely used.