Yes. Go to File > New from Template (FD10 / 9) or File > New from Stationery (FD8 / 7). Under the Text Documents is an option for the Novel format.
When you open it, there will be some sample text; look it over to see how it's formatted. Go to Edit > Select All to highlight everything and hit Delete on your keyboard. This will clear the text out and then you can start writing the Great American Novel.
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