Answer
$\text{slope}=m=2;
\\\text{y-intercept}=b=\frac{1}{2}$
Refer to the image below for the graph.
Work Step by Step
RECALL:
The slope-intercept form of a line's equation is:
$y=mx+b$
where $m$ = slope and $b$ = y-intercept
The given equation is in slope-intercept form with:
$\text{slope}=m=2;
\\\text{y-intercept}=b=\frac{1}{2}$
To graph the line, perform the following steps:
(1) Plot the y-intercept point $(0, \frac{1}{2})$.
(2) Use the slope $2$ to find another point on the line.
From $(0, \frac{1}{2})$, move up 2 units (the rise) and move 1 unit to the right (the run) to arrive at the point $(1, 2.5)$.
(3) Complete the graph by connecting the two points using a straight line.
(refer to the attached image in the answer part above for the graph)