Answer: 2/3
That x and y vary inversely means the product xy is a constant. The second sentence tells us that this constant product is (1/3)(1/2) = 1/6. So when x = 1/4, x* y = 1/4 * y = 1/6 as well. Dividing both sides by 1/4, we have y = 1/6 * 4 = 2/3.