Answer
$f(x,y)$ is not homogeneous of degree zero.
Work Step by Step
Given
$$f(x, y)=\frac{x+7}{2 y}$$
Let
\begin{aligned}
f (t x, ty)&=\frac{ tx+7}{2 t y}\\
&\neq f(x,t)
\end{aligned}
Thus, $f(x,y)$ is not homogeneous of degree zero.