Premise: As the road climbs, though, it offers spectacular views back to Little Langdale in the east; get out at the small car park at the top of the pass and take photographs.

Hypothesis: The views are spectacular
Answer: it is not possible to tell

Premise: Carols are playing just about everywhere as shoppers hit stores for their annual holiday gift-buying.

Hypothesis: Shoppers are not visiting stores to buy gifts.
Answer: no

Premise: That strategic advantage is no less important today than it was 2,500 years ago, when a band of Greeks first founded the city of Byzantium on this very spot.

Hypothesis: 1500 years ago Byzantium was founded by Greeks.
Answer: no

Premise: Keynes therefore understood perfectly well that a low interest-rate policy requires an accommodating central bank.

Hypothesis: Central banks have to accommodate a low interest-rate policy.
Answer: yes