We are happy.
Meaning: This means that the group of people feel joy and contentment.
Choice of Words: We is the group of people including the speaker. Are is a form of the verb "to be" and indicates the state of being. Happy is an adjective describing a feeling of joy and contentment. When you put them together, "We are happy" means that the group of people including the speaker feel joy and contentment.
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Related Expressions