A 16-bit microprocessor has twenty address lines (A0 to A19) and 16 data lines. The higher eight significant lines of the data bus of the processor are tied to the 8-data lines of a 16 Kbyte memory that can store one byte in each of its 16K address locations. The memory chip should map onto contiguous memory locations and occupy only 16 Kbyte of memory space. Which of the following statement(s) is/are correct with respect to the above design?