Question: Write a Python function that takes in a list of integers ( elements ) , checks whether the list is in ascending order or not,

Write a Python function that takes in a list of integers (elements), checks whether the list is in ascending order or not, and returns True or False accordingly. You MUST provide the most efficient algorithm in terms of its time and space complexity. What is the time and space complexity of your algorithm/function?
Use the base code line below and write it in python:
def is_ descending(my_list):

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