Answer the following statements true (T) or false (F)

1. As long as government officials have to be elected, they are always held accounted for their policy decisions and choices.
2. Economic analysis would focus on the size of the government, in order to assess whether or not it fosters economic efficiency.
3. It is generally believed that, because of the election process, the incentives and pressures for internal efficiency are stronger in the public sector than in the private sector.
4. Critics of government contend that the market system creates incentives and pressures for internal efficiency which are absent in the public sector.
5. "Good economics" is about marginal costs and marginal benefits of specific projects; "good politics" is more about clear benefits and hidden costs.

1. FALSE
2. FALSE
3. FALSE
4. TRUE
5. TRUE