#### Answer

See the image below

#### Work Step by Step

To graph the following function, we will first determine its parent function and then stretch the whole graph step by step.
The parent function of $y=|x|-2$ is $y= x$ (Black dotted line graph in the image).
Now, lets transform it a little and graph $y=|x|$, which means to reflect the portion of the graph below $x$-axis about the $x$-axis (Red line graph in the image)
Finally, we graph $y=|x|-2$, which means that we have to shift the previous graph downwards by 2 units (Blue line graph in the image).