Answer
$\frac{1}{12}$
Work Step by Step
$\frac{1}{8}$. $\frac{2}{3}$
Multiply numerators and multiply denominators.
$\frac{1}{8}$ . $\frac{2}{3}$= $\frac{1*2}{8*3}$ = $\frac{2}{24}$
Convert it into lowest term by dividing numerator and denominator by 2 = $\frac{1}{12}$