Confused about Google Adwords?

[MoMoMoney]

Hey Friends,

I found some keywords with the Google Keyword Tool that were showing .05 cost per click. I then searched these keywords in Google and there was not one ad showing. So, I put a bid in for .15 and Google comes back with keyword not active need .40 to be on first page. ???? Their is not one ad on the page. I do not understand.

MoMoMoney

[Blackpool]

The ad may have finished on the adwords system, or it maybe a glitch.