A function is considered proportional if it can be expressed in the form \( y = kx \), where \( k \) is a constant.
Let's analyze the given functions:
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\( y = \frac{1}{2}x \) - This is proportional because it can be expressed in the form \( y = kx \) with \( k = \frac{1}{2} \).
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\( y = \frac{1}{2x} \) - This is not proportional because it cannot be expressed as \( y = kx \).
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\( y = x + \frac{1}{2} \) - This is not proportional because it includes a constant term \( \frac{1}{2} \), so it cannot be in the form \( y = kx \).
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\( y = x^2 \) - This is not proportional because it cannot be expressed as \( y = kx \); it is a quadratic function.
Thus, the only function that is proportional is:
\( y = \frac{1}{2}x \).