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If your bounce rate is high it's because people are clicking your ads (good!) or leaving your site without clicking through to any other pages (bad).
If your ad revenue is low then people are leaving your site. You may be able to reduce this by making sure your text is as well written as it can possibly be, and that it is clear and easy to read (good size, good color, etc). Don't stuff your keywords with any irrelevant garbage. High quality images and simple navigation to your other pages will make your site more interesting and more click worthy.
Good luck!
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