To solve the equation \(\frac{1}{8}(2y+4)=\frac{1}{4}\left(y+\frac{1}{2}\right)+\frac{1}{2}\), we will first eliminate the fractions by finding a common denominator. Then, we will simplify both sides of the equation and solve for \(y\).
Step 1: Eliminate Fractions
To eliminate the fractions, we multiply every term by the least common multiple of the denominators, which is 8. This gives us:
\[
8 \times \frac{1}{8}(2y + 4) = 8 \times \left(\frac{1}{4}(y + \frac{1}{2}) + \frac{1}{2}\right)
\]
Simplifying, we have:
\[
2y + 4 = 2(y + \frac{1}{2}) + 4
\]
Step 2: Simplify Both Sides
Simplify the right side of the equation:
\[
2(y + \frac{1}{2}) + 4 = 2y + 1 + 4 = 2y + 5
\]
Now the equation is:
\[
2y + 4 = 2y + 5
\]
Step 3: Solve for \(y\)
Subtract \(2y\) from both sides:
\[
4 = 5
\]
This is a contradiction, indicating that there is no solution to the equation.
Final Answer
The equation has no solution. \(\boxed{\text{No solution}}\)