Best advertising to put on a news blog? & How much to pay someone to install them?

I am launching a news blog and it has a lot of content.
I dont know what advertising I should put on there.
At a guess I was thinking: Adsense & some type of banner adds.
What do you guys suggest I put on there?
My second question is what would be a fair price to pay someone to put those bits on the site?
Thank you in advance for your help

See original post by vaxman