ANSWER
Vertical shift: 2 units up.
Step-by-step explanation
The parent function is
![y = |x|](https://img.qammunity.org/2020/formulas/mathematics/middle-school/lfhhhy8qj4o4a26kdhr01hqhxcpymqr6i2.png)
The transformation applied to this function is of the form:
![y = |x| + k](https://img.qammunity.org/2020/formulas/mathematics/middle-school/zsj4il8ar6bncpnwgeccr6yht79xjv80vi.png)
This is a vertical shift of the parent function by k units, upwards.
Hence,
![y = |x| + 2](https://img.qammunity.org/2020/formulas/mathematics/middle-school/19m6s6of96qaqh12n3wqh9ke54s1y2fqxg.png)
is a translation of the parent function up by 2 units.