Premise: The 88 is designed by Henry Kloss, a hi-fi legend who made his mark (with the KLH speakers of the 1950s and the Advents of the '60s) by figuring out how to manipulate electronics so that a speaker sounds smooth from octave to octave.

Hypothesis: The 88 is not designed by Henry Kloss the hi-fi legend.
Answer: no

Premise: Through its effects on federal revenues and spending, GDP also helps determine the NIPA federal budget surplus or deficit.

Hypothesis: The GDP depends on the federal budget surplus.
Answer: yes

Premise: Yet to do this is to miss the very essence of what the island is all about.

Hypothesis: The island is about something you shouldn't miss.
Answer: it is not possible to tell

Premise: It's sad to see a great institution reduced to a tattered geriatric remnant of its former self.

Hypothesis: It's too bad this institution has fallen to such disgrace.
Answer: yes