Step 1: Recall propagation direction formula.
For an electromagnetic wave, the direction of propagation is given by:
\[
\vec{k} \propto \vec{E} \times \vec{B}
\]
where \(\vec{k}\) is the wave vector, \(\vec{E}\) and \(\vec{B}\) are the electric and magnetic field vectors.
Step 2: Write given vectors.
\[
\vec{E}_m = i + 2j, \quad \vec{B}_m = -i + \frac{1}{2} j
\]
Step 3: Compute cross product.
\[
\vec{E} \times \vec{B} =
\begin{vmatrix}
\hat{i} & \hat{j} & \hat{k} \\
1 & 2 & 0 \\
-1 & 1/2 & 0
\end{vmatrix}
\]
Step 4: Evaluate determinant.
\(\hat{i}\) component:
\[
(2 \cdot 0 - 0 \cdot 1/2) = 0
\]
\(\hat{j}\) component:
\[
-(1 \cdot 0 - 0 \cdot (-1)) = 0
\]
\(\hat{k}\) component:
\[
1 \cdot 1/2 - 2 \cdot (-1) = 0.5 + 2 = 2.5
\]
Step 5: Determine direction.
\[
\vec{k} \propto \vec{E} \times \vec{B} = 2.5 \hat{k}
\]
Hence, wave propagates along positive \(\hat{k}\) direction.
Step 6: Final conclusion.
\[
\boxed{\mathbf{k}}
\]