Answer: No they are not.
Explanation:
1/2x and -5/8x are like terms, if subtracted you get 1 1/8x. But then you are left with an unlike term, 3/4 so your first equation would equal out to 1 1/8x + 3/4
Now for equation 2, you use your distributive property and get 1/8(x)=1/8x
Then you must distribute 1/8(1)=1/8
1/8x + 1/8
So, 1 1/8x + 3/4 ≠ 1/8x + 1/8