Revenue bonds are generally riskier than general obligation bonds because

Group of answer choices

revenue bonds are backed by the overall financial and taxing power of the state or local government authority that issued them, while general obligation bonds are backed the full faith and credit of the United States government.

general obligation bonds are backed by the overall financial and taxing power of the state or local government authority that issued them, while principal and interest payments on revenue bonds can be made only from revenues generated by the assets financed from the proceeds of the bond issue

interest income from revenue bonds is not exempt from federal income tax

interest income from general obligation bonds is exempt from state income tax