Final answer:
The narrator is the individual who tells the story, either as a participant or as an external observer. The point of view is how the narrator presents the events and characters to the readers. Without more context on 'About Russel,' it's impossible to say who the narrator is.
Step-by-step explanation:
The narrator of a story is the individual who relates the events of the narrative to the reader. This person can either be a character within the story or an outside person who is not a part of the story's events. In terms of point of view, this is defined by whose eyes the story is being told through.
It's a crucial element because it shapes the audience's perspective and how much they know about the characters and events within the story. The options provided (Rico, Vallejo, Rita, Russell) likely refer to characters or potential narrators within a specific story titled 'About Russel.' Without additional context on the text 'About Russel,' it is not possible to determine with certainty who the narrator is.