What economic problems were plaguing the country when gerald ford took office? how did he try to correct them?

There were high rates of unemployment, inflation was also very high, and energy crisis was prevalent when Ford joined.
He tried to correct them bu launching Whip Inflaton Now (WIN), he raised interest rates and cut the taxes on a large scale. He also limited the government spendings.

Is there a passage that comes with this question or should i know this right off the bat, because if it is, i probably have short term memory loss or college is too stressful