explain these phrases:

• Positive economics
• Normative economics

For the sake of argument, assume that global warming is a fact caused by human activity and that it can be fixed by taxing producers for the amount of carbon they release. The problem is that this tax would significantly increase costs for everyone. Word the following phrases:

• How would this situation be described in terms of Positive economics?
• How would this situation be described in terms of Normative economics?
• Which of these do you think is the correct way to describe this situation?