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Do English-speaking people often use the sentence:That'all right.Thank you all the same.Could you please lend me 2 dollars?Sorry i don't know.and so on...Is there any short words to replace them?
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Those are pretty basic sentences. It would be hard to make them shorter and still be acceptable WRITTEN English.
When speaking, we often use fragments or incomplete sentences, if it's a commonly used phrase. BUT, there is no way your teacher would accept that in an English class.
Is your teacher Chinese or foreign?