#### Answer

$\ln\frac{\sqrt x}{y}$

#### Work Step by Step

The product rule for logarithms says that $\log_b{MN}=\log_bM+\log_bN$ i.e. the logarithm of a product is the sum of the logarithms.
The quotient rule for logarithms says that $\log_b{\frac{M}{N}}=\log_bM-\log_bN$ i.e. the logarithm of a quotient is the difference of the logarithms.
The power rule for logarithms says that $\log_b{M^p}=p\log_bM$ i.e. the logarithm of a number with an exponent is the exponent times the logarithm of the number.
Hence here: $\frac{1}{2}\ln x-\ln y=\ln x^\frac{1}{2}-\ln y=\ln\frac{\sqrt x}{y}$