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A state regulatory agency can issue penalties against:

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Final answer:

A state regulatory agency can issue penalties against individuals, businesses, utility companies, schools and universities, and governments at the local, state, and national levels.

Step-by-step explanation:

A state regulatory agency can issue penalties against various entities including individuals, businesses, utility companies, schools and universities, and governments at the local, state, and national levels. These penalties can range from fines and bans to prison sentences, depending on the severity of the violation. For example, the Federal Communications Commission (FCC) can fine broadcasters for violating public decency standards, and the Civil Rights Act allows the federal government to withhold grants and file lawsuits against state and local officials for practicing racial discrimination.

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