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Possible Duplicates:
Is it appropriate to use short form of “have” ('ve) when it means possession?
Can you contract the main verb in a sentence?

Is we've equivalent to we have?

In some cases, they do seem to be correct, but sometimes they don't. Consider these 4 sentences.

We've got a problem here.
We have got a problem here.

We've a problem here.
We have a problem here.

Which of these are correct, and which are wrong?

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We've is simply a contraction of we have. All your examples are correct grammatically, it's just that some sound better than others.

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British English finds it generally acceptable to contract away the main verb of the sentence, for "We've a problem here." American English does not like to do that, even though it is grammatically valid.

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