Final answer:
Russia might set price ceilings on basic food items to ensure economic stability and affordability amidst inflationary pressures, which can be seen as a political strategy to maintain public support. The correct option is: A)
Step-by-step explanation:
Russia may consider setting retail price ceilings for basic foods as a macroeconomic policy aim to achieve economic stability. By instituting price controls, the government can help to prevent rapid price increases, which are often a consequence of inflationary pressures such as those that can occur due to droughts or other supply disruptions. These price ceilings are applied to essential goods to ensure affordability for the majority of the population and to prevent food insecurity.
This measure can also be seen as a political strategy to maintain public support by addressing cost of living concerns. Remember that Amartya Sen, the Nobel Prize-winning economist, emphasized the importance of macroeconomic policies that work towards stable inflation, full employment, and equitable food distribution, which all contribute to improved living standards and government stability.