I also have one other question. So if my application was except by google for adsense, does this mean any ad that appears on my hub by google I will receive a profit by someone clicking those particular ads by google.
Once you have your Adsense account and you have updated your Hub account when ever someone clicks an ad you will get the money (except for a small percentage of clicks that go to Hubpages).
The monetary gain will all depend on how much the advertiser has bid for the keyword used to generate the ad on your page so you may get 1 cent or $3 or more!
I hope this makes sense :S
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