Let's solve the expression $\frac{1}{2}(2) - 2$.

1. Simplify inside the parentheses: $\frac{1}{2} \times 2 = 1$
2. Subtract 2 from the result: $1 - 2 = -1$

So, the expression evaluates to $-1$.

Would you like further details or have any questions? Here are some related questions to explore:

1. How do you handle expressions with different operations?
2. What are the rules of order of operations (PEMDAS)?
3. How do you simplify fractions within an equation?
4. What happens when you multiply fractions with whole numbers?
5. How do you solve equations with variables?

Tip: Always simplify inside parentheses and perform multiplication before addition or subtraction.