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Correct!

When Steely Dan recorded Can't Buy a Thrill in 1972, they were still essentially a band with a set line-up, that didn't include Larry Carlton. By the time Carlton first appeared on 1975's Katy Lied, Steely Dan had morphed into a studio band, headed by Donald Fagen and Walter Becker. From this point on, musicians like Carlton were brought in to record a solo, or a specific part on a specific song.

On to the $250,000 question.

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