I think yes, but the final product will be different. Slab bacon is going to be smoked and bacony, but you should be able to render out a cracklin-like, bacon-flavored product. If there is a lot of meat in the slab bacon (vs. a lot of fat like you'd get from salt pork) I'd only use half the amount called for.
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Yes, but the final product will be skillet cornbread with bacon.