By definition, the Slope-Intercept Form of the equation of a line is:

Where "m" is the slope of the line and "b" is the y-intercept.
The equation of a line that passes through the Origin has the following form:

Where "m" is the slope of the line.
In this case, you have the first line that passes through the Origin:

You can identify that its slope is:

You also know the second equation, which is written in Slope-Intercept form:

You can identify that:

By definition, the slopes of parallel lines are equal. Then, since:

These lines are parallel.
The answer is: True.